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Inside Serena Williams’ stepmom’s staggering $584,000 debt to 19 creditors which led her to lose star’s childhood home English Headline


SERENA Williams’ stepmom has amassed up to half a million dollars worth of debt to an astonishing 19 creditors, which caused her to lose the childhood home where the tennis star grew up, The U.S. can reveal.

We can reveal for the first time the full details of “King Richard” Williams’ estranged wife Lakeisha’s staggering amount owed to various banks and government organisations, including the IRS and Bank of America, which has lead to the property in Palm Beach Gardens, Florida, being auctioned off on 27 September for $1.42 million. 

Richard Williams with estranged wife Lakeisha

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Richard Williams with estranged wife LakeishaCredit: Getty
Serena and dad Richard's home will now be auctioned off this month

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Serena and dad Richard’s home will now be auctioned off this monthCredit: Getty
The home in Florida has fallen into disrepair

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The home in Florida has fallen into disrepairCredit: The U.S. Sun

The 43-year-old, who is 37 years younger than Serena’s dad, has been trying unsuccessfully to declare herself bankrupt in a bid to keep the home, but her main creditor, “hard lender” David Simon, has thwarted her efforts and will keep the lions share of the house sale proceedings. 

According to court documents filed by Simon, Lakeisha allegedly forged her spouse’s signature on the mortgage deeds to borrow $255,000 from Simon to start a doomed transport company.

Simon then accused her in legal papers of not paying a cent back, instead, spending all her money on “fast food and frivolities”. 

Simon’s debt now stands at $584,109, including interest, and Judge Luis Delgado, of the 15th Judicial Circuit Court of Florida, ordered that the place, which is in a severe state of disrepair, go up for auction at the end of this month.

Inside King Richard's family from tennis icons to estranged daughter
Judge orders sale of Serena Williams' childhood home with price tag of $1.42m

Her last Chapter 13 bankruptcy bid, which failed, states that she owes cash to 19 different organisations, court documents obtained by The U.S. Sun show. 

Despite telling the court that Serena and Venus’s childhood home – which has been in the family for 27 years when their since divorced parents bought it back in 1995 – was her only residence, Lakeisha owes money to the luxury condo apartments, Banyan Bay Apartments, in Coconut Creek, Florida. 

This may indicate that she’s also been renting a place there, which wouldn’t be too much of a surprise as Simon has long argued in court that the Williams’ main homes lies in ruins. 

Photos first shown by The Sun reveal how shambolic the estate had become. 

The roof looked like it had been haphazardly repaired dozens of times while there was an abandoned truck on the property and crumbling outbuildings.

Simon argued that the property had fallen into such disrepair that it’s currently uninsurable due to its condition.  

He stated in court docs that the “debtor is not providing adequate protection of Secured Creditor’s collateral, the House. The House is uninsured, the roof is leaking, and the collateral is in jeopardy of total loss.”

Lakeisha also owes to various credit companies such as Capital One and Tide Water Finance Company, although many of the firms are debt buyers or debt collectors including Capital One, Commonwealth Financial Systems and Forest Recovery Services. 

Creditors list and attached is Chapter 13 bankruptcy doc, where she’s ticked her debts are between $100,001 and $500,000. 

The four-bedroom house, in Palm Beach Gardens, Florida, has been at the centre of a five-year legal battle between Richard and Lakeisha

Richard, 80, whose life story was told in the movie King Richard starring Will Smith, was previously alleged to be suffering from irreparable “brain damage” and “dementia.”

Court documents from his divorce battle included testimony from his own doctor, claiming he was totally incapacitated.

However, at one stage, it looked like the pair had momentarily reconciled when she halted their divorce and told how the pair were still enjoying weekly sex sessions, legal papers revealed.

The Sun reached out to lawyers for Lakeisha.

Serena and sister Venus grew up in the Florida home

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Serena and sister Venus grew up in the Florida homeCredit: Getty
Richard and Lakeisha have been embroiled in a long running legal battle

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Richard and Lakeisha have been embroiled in a long running legal battleCredit: Getty
Lakeisha owes money to 19 creditors, according to court records

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Lakeisha owes money to 19 creditors, according to court recordsCredit: Getty
Photos submitted to court showed how the house had a leaking roof

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Photos submitted to court showed how the house had a leaking roofCredit: ProToCall Home Inspections
It also had other urgent repairs that needed doing

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It also had other urgent repairs that needed doingCredit: ProToCall Home Inspections





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