Amber Heard is in financial ruin following the trial with ex Johnny Depp. After she was unable to pay the $10 million in damages she owed to Depp, she filed for bankruptcy.
The Hard Truth
Heard’s legal team admitted that Heard would not be able to afford the $10 million she owes Depp following the trial.
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Crunching the Numbers
Heard owes Depp a whopping $10 million in damages and over $6 million in legal fees, while Depp would only owe her $2 million as compensation.
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Fighting For Her Life (And Her Bank Account)
Heard has since gone back to court to attempt to find alternatives to paying the $10 million.
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Appeals Are Imminent
She has reportedly appealed the verdict in order to get the amount reduced.
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Should the Jury Take Pity?
Heard claims that due to a lack of resources on her end, the decision (and, subsequently, the amount owed), should be declared null and void.
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Heard’s Statement
A spokesperson for Heard stated that “We believe the jury made errors that prevented a fair and First Amendment-compliant verdict. Therefore, we are appealing the verdict.” Heard filed for bankruptcy on July 20th and on the 21st filed her appeal with the State of Virginia.
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Depp’s Clap Back
Johnny Depp’s team has reportedly responded, “The verdict speaks for itself, and Mr. Depp believes this is a time for both parties to move on with their lives and get back on their feet. But if Ms. Heard is determined to continue the litigation by appealing the verdict, Mr. Depp will file a concurrent appeal to ensure that the Court of Appeals considers the full record and all relevant legal issues.”
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The Silver Lining
There may be one silver lining in store for Heard in light of her filing for bankruptcy. While she will likey still have to pay the full amount owed to Depp, she may be able to acquire more time from officials to make the payments. It’s not much, but it is something.
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This article was produced by C Nation and syndicated by Wealth of Geeks.
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Claire started Femme on FIRE after struggling with the debt cycle and realizing that she had to create better habits. She became inspired along this journey and now strives to help others achieve financial freedom as well. When she isn’t working on her blog, you can find her on the couch with a good book, cooking up recipes in the kitchen, or playing outside with her ducks.