Okay, as I'm sure all of you have read by now, Lisa says in her journal that she lost that lawsuit that was filed against her last fall. All going back to some bad business decisions way back when. She is currently $400, 000 in debt and is not currently in the position to pay it. (Read today's journal for more info.)

So I have another one of my BRILLIANT IDEAS:
LISA-THON!!!!!!!!!!!!!!!!!!!

That's it, we could raise money to HELP Lisa get back on her feet!!!!! So who's in on this???? Anyone? Anyone??




Ah, Tadsie, Old Boy, you got that ol' mental motor runnin' after
rubbin' up against Blair's beautiful brain follicles....:D :idea:

alright lol I will help but how r we going to do this? And someone will have to make sure she gets the money and stuff like that..keep me posted...

i seriously dont have any money to give, but i feel so bad for her. How can she think that shes letting us down? Shes doing what she has to do, and I respect her for it.

Couldn't Lisa and husband sell their RV, I'm sure that's got to be worth alot of money. Or they could auction it off. I'm sure there are alot or a few people that
would love to buy their RV, especially if it belonged to Lisa Whelchel. Just a thought!

Originally posted by angel676
Couldn't Lisa and husband sell their RV, I'm sure that's got to be worth alot of money. Or they could auction it off. I'm sure there are alot or a few people that
would love to buy their RV, especially if it belonged to Lisa Whelchel. Just a thought!

I thought they were just renting it?

*goes off to re-read her book*

Originally posted by Tad Warner
Okay, as I'm sure all of you have read by now, Lisa says in her journal that she lost that lawsuit that was filed against her last fall. All going back to some bad business decisions way back when. She is currently $400, 000 in debt and is not currently in the position to pay it. (Read today's journal for more info.)

So I have another one of my BRILLIANT IDEAS:
LISA-THON!!!!!!!!!!!!!!!!!!!

That's it, we could raise money to HELP Lisa get back on her feet!!!!! So who's in on this???? Anyone? Anyone??


Ummm, not that I am questionning or anything, but where did you get this information? I don't recall ever seeing $400K mentioned. And I have not seen that she has "lost" the suit yet. I remember her talking about meeting her lawyer for the first time in NYC, but I don't remember specific details.

Plus, if they are that much in debt, I highly doubt they are going to buy a brand-new motorhome. It just doesn't make sense to me.

So, fill me in... :)

I WILL HELP!!!! But I really don't have any money to give either but how are we gonna plan to raise the money and stuff?? We all live in different states. And yea, I think that Lisa was renting the RV. I'm pretty sure, but not completely sure.

OMG!!!!!! I can`t believe she`s in 400,000 dept!! GEEZ!! I feel so bad! I want to send her money(maybe I can have a yard sale or something). Can u post that journal entry? Cuz I don`t remember seeing it....

That's odd. Last night I read the journal entry for today. It was about the lawsuit. When I read it again this morning, it was about Allegro Bus Rally in Solvang. The pictures were the same though.

I thought the motorhome was a gift for the trip only?

I assmued the RV was hers, I didn't know for sure. Since Lisa was an actress, she should have money. Right now, she's a stay at home mother/wife and writer, so
she should be making money because of the 2 or 3 books that she has written. Plus, she should get a profit for each time someone buys one of her books. If she is in debt, she and husband shouldn't have bought or rented a RV, that money should have gone for the debt. Plus, if she is making special appearances at book stores or what-not, she should be getting paid
for that.

She did not rent or buy the RV, it was a 'gift'. They were given free use of the RV for the year and they promoted the company whenever they could. Without the generous help from the folks at Allegro, they wouldn't have even been able to make this trip. When their trip is over, I'm sure they will be returning it to Allegro.

People laughed when there were entries and it appeared they were so thrifty with their money. Lisa really doesn't have any money from her FOL days, they are dependent on Steve's income. Yes, she does get paid for selling books and making appearances but really I can't see them profiting that much from this trip. When you take out all their expenses (gas, food, etc.), it's not like they generated thousands and thousands in profit.

Well, IMO, I think Lisa has 2 options, she could either a) file bankruptcy or 2) get a loan from there bank. But I don't
there bank would approve the loan. If Lisa can't pay off the debt, how could she possibly pay off the loan, I don't see that happening. That's just my opinion!

To the Lisa fans, don't get mad that I said that.

She did filed for bankrupty. She said so in her journal entry.

Originally posted by bjntmrsgtbbsd80027
She did filed for bankrupty. She said so in her journal entry.

I never go to her site and read the entries, so I didn't know, but now
I do. Ouch, is that going to affect
her future in the long run?

Originally posted by angel676


I never go to her site and read the entries, so I didn't know, but now
I do. Ouch, is that going to affect
her future in the long run?

I really don't know.

This is straight from Lisa's journal:

June 26, 2002

Today’s journal entry is a little harder to write than most. But it is important to me to stay open before you. We have gone through so much together this year and I knew that you would want to know about the latest developments in my life. A few months ago I mentioned a lawsuit that has been hanging over our head since last August. Well, it is no longer hanging over our head, but it didn’t turn out the way I had hoped that it would. We lost.

Let me give you a little background. Before I was married and while I was still on television, my former business manager recommended that I invest in a limited partnership deal on a building in Pennsylvania. Being pretty young, I wasn’t very involved in the bigger financial decisions of my life. I left that in the hands of the professionals. I trusted them to take care of me and help me to make sound financial choices.

For years I made payments on this debt until the money completely ran out. If you’ve read my book, you will recognize that this was the time when we spent all that we had saved to pay bills. It was such a shame because I had paid over $750,000 into this limited partnership but I couldn’t make the last four installments of $165,000. Other than a perfunctory exchange of letters from attorneys immediately after the default, I never heard from the bank again.

I assumed that because I had forfeited any collateral rights and because I had already paid back the original “loan” of $500,000 plus $250,000 in interest that they were calling it even and it was over. Besides, the building eventually went bankrupt when asbestos was found in it. Subsequently, the bank that had put up the money also went bankrupt.

Fast forward ten years to last August. We were at the Allegro Rally in Newport, Oregon, only three weeks into our trip. We received a letter informing us that we were being sued for summary judgment in the amount of $165,000 plus ten years interest, bringing the claim to over $400,000. We were shocked. Could they really do this after all these years? It didn’t seem fair that they could let it go for so long and then come after us and make us pay interest for the whole time that they failed to pursue closure. What about statute of limitations?

From the road we had to find a lawyer in New York and find out what rights we did and didn’t have. After nine long months preparing the case, (and spending most everything that I made on “The Facts of Life” reunion movie on legal fees,) a decision was handed down granting summary judgment to the bank for the sum of $400,000 plus their legal fees.
Many times throughout this year we have tried to settle the case for a sum that we could afford. I even met face-to-face with the bank officer and her attorney to work out a deal to avoid judgment. I did my best to convince them that, not only did I not have deep pockets, but that I also had no intention of returning to work in television, therefore, there was no foreseeable way to pay them the kind of money they were asking.

There response was that they were willing to wait because I could always change my mind and go back to work in the future. (The fact that I had just done the reunion movie only whetted their appetite that more was in the future.) In the meantime, they said they would come after my house and anything else I owned.

My attorney strongly urged me to appeal the summary judgment decision. I set out a fleece before the Lord and I listened intently for two weeks about whether to do that, but I had the distinct impression that I would be going alone if I did. I didn’t feel like the Lord said He would go with me. No matter how good my chances looked in the natural, if God wasn’t in it, then I didn’t want to give it a try. Besides, I was pretty tapped out when it came to more legal expenses.

After much prayer and counsel, I don’t see any other option than to file bankruptcy. I understand that there will be many people that feel like I am not being a good Christian example by filing bankruptcy. But I honestly don’t know what else to do. There is no way that I am capable of paying $400,000. And, I don’t feel that it is right for me to leave my family and try to return to work. (Assuming I even could get another job on television.) The bank continues to refuse any settlement offers. I can’t see any other way to proceed besides bankruptcy.

I’m sorry if I have let you down. The main thing I want to know is, “Lord, what am I suppose to learn through all of this.” There are two scriptures that I have taken comfort in. The first one is, “No weapon formed against you will prosper.” Satan may have designed this “gnat” of a lawsuit to distract us and annoy us while on this Family Dream trip. But it didn’t work because we have left it in the Lord’s hands from the beginning and then rested in His peace, no matter the outcome.

The second scripture is, “You shall trample on serpents and scorpions and nothing shall by any means harm you.” Besides, there is nothing that could be taken from us of any value because there is nothing that can separate us from the love of God and that is the only thing that is worth holding onto. We will not be hurt by this because there is nothing of material worth that I hold so close to my heart that it would break if I lost it.

So, that’s it in a nutshell. It was hard to confess all of this to you but I’ve come to consider you my friends this year and it’s times like these that we need friends the most.


I was thinking similarly on the lines with you Tad. I'll help out any way I can.


D

I like to help.

That's so sad. My deepest sympathy goes to her and her family. :)

My deepest sympathy goes out to Lisa and her family. I read the journal entry and it just doesn't seem right that Lisa did pay out all that money, and yet they still chase after her after waiting for so long. That isn't right to me.

I guess FOL is another show that no matter how many reruns they show, none of the actors get any revenue for it.

I'm trying to rack my brain for any money making schemes, but I can't think of any. Crap, something like this deserves more than a car wash or cake walk or something like that. She could start charging for autographs, but Lisa just doesn't look the type to do that.

I'll keep thinking of ideas, and if I come up with a really good one- I'll post it here.

That is such a shame! I'll help out; what can we do?:confused:

Tad --

I apologize for my earlier post. I had not seen that journal entry until today, so I was unaware of the situation.

As for what we can do -- well, we can start buy buying her books. That will help generate some income to her family.

The second is to pray. Lisa's faith is what is going to help keep her going (along with her family and friends) during the coming months.

Thirdly, I'm sure that Lisa has some friends with some financial "oomph." When the going gets tough is when you need your friends the most. While I doubt any one person is going to give them 1/2 a million, there may be several contributors out there to give her assistance.

I think Lisa also might want to begin working again -- although not necessarily in television. Obviously she is a good speaker, so maybe she can increase her engagements. Or, she could do reporting for a Christian broadcasting company. That way, she could work in an organization that she knows is right, help pay the debts off, and still be at home. Plus, the kids are old enough that Mom could go out and work some. I understand the homeschooling issue, but if they lose their home, then what comes next?

It's a very tough situation. I do hope that things improve for her. Hopefully she realizes how many people "out there" respect her for her character and beliefs.

PS -- Slightly humorous, but still... she could do another infomercial. Don't those pay by the showing?!? :rolleyes:

I wonder if she HAS considered going back to televison, in spite of what she feels personally?? It would seem like the wrong reason, "just because she owes..." but you never know. It's always hard when you need answers right now and God seems to be silent....

I think it would be cool if she DID go back on t.v. She'd have a whole new audience!!!:D

Oh, I feel SO bad for her...i wish there was something we could do to help. So everyone, THINK!!!! That would be really cool if she like made her own TV show or something. Like a talk show or something. I would DEFINALLY watch it!!

If Lisa doesn't want to go back to acting how about a writing career? I can just imagine her writing storybooks for children. She likes kids, so it would be a perfect career. She could still be around her kids too.

Originally posted by Tad Warner
I wonder if she HAS considered going back to televison, in spite of what she feels personally?? It would seem like the wrong reason, "just because she owes..." but you never know. It's always hard when you need answers right now and God seems to be silent....

I think it would be cool if she DID go back on t.v. She'd have a whole new audience!!!:D

I totally want to help...lol...but...ya know...I'm only 14...although, I do think she would be awesome on tv again...too bad...I would LOVE to see her again...I wonder if anyone could ever convince her...yea...my brain is going in the wrong direction...yea, if we could to like a Lisa-thon, I'm sure she would totally appreciate it, but could WE....raise enough to make THAT much of a difference??

Originally posted by Jenny
If Lisa doesn't want to go back to acting how about a writing career? I can just imagine her writing storybooks for children. She likes kids, so it would be a perfect career. She could still be around her kids too.

Niffty-o, that's an awesome idea!! It would be cool if she did that! and, if she put them on a cassette tape, I woudl definitly buy them!!!!!! Well, I would buy them anyway, but it'd be more fun for me that way...lol...I like listening to voices...I like doing voices....lol!

So, Lizzie....How long HAVE you been hearing the little voices.......and what do they say to you....??:crazy: :happyface :lol:

Omg, you know I'll help! If I could, I'd give Lisa my whole bank account! Which, mind you, could only pay about a quarter nof a half of a quarter of the debt, but you get my point.

Email me if yall need help because you know I will!

She could do a couple of guest starring roles, once or twice, to get some money. Kim directs shows and Nancy stars in one, so maybe they can get her into a show or something, if Lisa wants to.

But I really cant think of anything else that we can do for her. Pray would be the only one i can think of.

BTW...Karly, are you back, or just "visting"? lol jw

Originally posted by Lisa Whelchel Forever
Omg, you know I'll help! If I could, I'd give Lisa my whole bank account! Which, mind you, could only pay about a quarter nof a half of a quarter of the debt, but you get my point.

Email me if yall need help because you know I will!

Half of her debt is 200,000 dollars.. one forth of that is 50,000 dollars. You have 50,000 dollars in your bank account?!!?

Originally posted by Tad Warner
So, Lizzie....How long HAVE you been hearing the little voices.......and what do they say to you....??:crazy: :happyface :lol:

never...I never hear voices!!*screams at voices*SHUT UP WILL YOU I'M TRYING TO TALK TO GREG!!
*sits in corner with her chin at her knees* no...not the voices....*screaming* NOT THE VOICES!!!*

Yea, I'd give her my bank account also....although, like Karly's...it's realy small, it wouldn't even make a dent...

Well, according to Lisa's post on her journal today (July 7), they are not going to be accepting any money from anyone. There were some offers, but she said that she can not accept it.

Check it out... www.lisawhelchel.com/coffee.html

Originally posted by tootieismyfav
You have 50,000 dollars in your bank account?!!?

No lol. But my point was my bank account is small.... Well I'd give her about half of it, then the rest would go towards Harvard Princeton and Yale.....