Decoding Dina Lohan's Debt: Lindsay Lohan's Mom Racked Up $914,000 in Mortgage Loans and $349,000 in Liens

Ex-momager's finances come under scrutiny after her blowout with LiLo over a supposed $40,000 loan

By Claudia Rosenbaum, Alexis L. Loinaz Oct 15, 2012 10:20 PMTags
Lindsay Lohan, Dina LohanSplash News

Looks like Dina Lohan's got weightier things on her mind than just kiss-and-make-up spats with her daughter.

Over an 11-year-period, Lindsay Lohan's mom has amassed a hefty chunk of debt stemming from mortgage loans and liens slapped against her, according to documents obtained by E! News.

The revelations come amid reports that LiLo and Dina's blowout last week was over a $40,000 loan that the star shelled out to help her mom pay her debts.

Per Nassau County property records, there are currently four judgments recorded against Dina dating back to 2001.

The 50-year-old has a mortgage loan in the amount of $200,000 from J.P. Morgan Chase for her Long Island home in Merrick, N.Y. She took out that loan in November 2005 and also plunked down a payment of $94,087.28.

Additionally, she racked up another mortgage from Chase on the same date for $500,000.

So what exactly happened during LiLo and Dina's nasty fight?

In 2007, she consolidated and modified her mortgages, with everything now totaling $914,000.

But that's not the end of her financial obligations. E! News has also learned that Dina's had three liens brought against her.

In 2008, two individuals—Antonio Almeida and Mitchell Chait—won a judgment against Dina for $301,715, and a lien was subsequently recorded against her in that amount. Almeida, a Las Vegas-based businessman, sued Dina back in 2007, claiming that he lent her $400,000 to help her jump-start LiLo's fledgling music career but that the then-momager failed to pay up.

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Three years later, Long Island law firm Russo & Pedranghelu won a judgment against Dina for $16,169.24, and she was later slapped with a lien in that amount.

LiLo's mom, who has not filed for bankruptcy, has also run afoul of BMW. In 2011, the luxury-car giant recorded a lien against both Dina and her estranged hubby Michael Lohan in the amount of $31,211.84.

Consider that one of the few things the two still have in common: The exes have been waging a bitter war of words with each other, and Michael confirmed to E! News last week that it was he who called the cops on the scuffle between his ex-wife and Lindsay.

He's certainly not backing down. On Monday, Michael took his ex-wife to task for the "collateral damage" he believes she's inflicted on their children.

"I cannot let her lie and cause the collateral damage she does on my children, nieces, nephews and the rest of my family," Michael exclusively tells E! News. "One claim and lie after another is getting ridiculous! All we all want is for Dina to get help for her issues, get a job and stop driving wedges between our kids and me. What she is doing is a selfish act and not fair to anyone."

Dina declined to comment to E! News.

Lindsay, meanwhile, lashed out last week at her father for making public a recording of her fight with her mom.

"I think everyone kind of knows that my father's main objective had always been to destroy my mom," she told TMZ during a live call-in interview, adding that when it comes to her dad, "I'm done."