LeAnn Rimes: broke, in debt… and now at risk of losing her home?

The winner of two Grammy Awards, 32-year-old LeAnn Rimes has sold close to 40million records.

But undoubtedly her popularity has waned in recent years.

In particular, her reputation was hit when it was revealed that she was having an affair with married actor, Eddie Cibrian, 42. At the time she herself was also married – to Dean Sheremet, the man who helped build her music career. 

Although she and Eddie went on to divorce their respective spouses and marry each other in 2011, documents cited by two US websites – Star and OK! – now reveal that they have been living somewhat beyond their means.

That and it is believed that both of their divorces hit their account balances hard.

Indeed, when they went to buy their sprawling property after tying the knot, they found themselves a bit short on cash: they had €500,000 in savings – but their dream home in the exclusive Hidden Hills area of Los Angeles cost €2.7m.

A bank agreed to lend them €1.9m; leaving them in need of €300,000.

Step forward a couple of VERY generous friends in the form of Dave and Lizzie Fradin. Dave and Eddie have known each other from their schooldays, and the former is a hugely successful property developer.

Unfortunately, the loan was given three years ago and it's being reported that LeAnn and Eddie have yet to repay a single penny.

Indeed, OK! claims that Dave and Lizzie's patience is fast running out: they seemingly recently filed paperwork saying they want to see the money paid back ASAP. 

But with Eddie as an out-of-work actor, and LeAnn without a hit to her name in years, it's possible that the couple simply don't have the cash – meaning they could lose their home.

Still, the country singer – best known for Can't Fight The Moonlight, and How Do I Live – has a greatest hits album in the pipeline, which when released could boost their finances.

Most recently, Eddie had a part in CSI: Miami, but his contract was never renewed after playing the recurring character back in 2009. In the Nineties, he was popular for his role in Sunset Beach.

In the past, he's also starred in Sabrina, the Teenage WitchCriminal Minds, and Beverly Hills, 90210. In March 2011, Mr Cibrian was cast as the lead in the NBC pilot The Playboy Club;  it was cancelled after just three episodes due to low ratings.

The couple even went down the reality TV route, filming LeAnn & Eddie for VH1 last year before that too was cancelled because of poor viewership figures. 

 

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