DOUBLING Down with the Derricos stars Deon and Karen Derrico have been sued for around $15,000 after they “didn’t pay back student loans” amid their house foreclosure.
The Sun can exclusively reveal Student Loan Solutions, LLC sued Deon, 51, and Karen, 42, on July 27, 2021.
The company claimed the amount due is in the $10,000 to $15,000 range.
The case remains ongoing today.
HOME FORECLOSURE
This comes after the Doubling Down with the Derricos stars’ home went into foreclosure.
As The Sun previously reported, Bank US Trust National Association bought the four-bedroom, three-bathroom home after the house failed to sell at the September 1 auction.
According to the deed, the bank purchased the property for $441,842.06, which was the amount of unpaid debt on the home, on September 10, 2021.
Deon filed a petition for foreclosure mediation assistance after the home he purchased in 2015 went into default a month prior, according to March 2020 court papers.
The filing is to provide a “remedy of last resort for the homeowner to avoid foreclosure and loss of his/her home” through a mediation process with negotiations between the lender and owner.
A mediator was assigned to the parties, but they were unable to agree to a loan modification and the negotiations were terminated.
The petition for foreclosure mediation assistance was dismissed and the foreclosure was to be issued in the normal course of business.
Then in February 2021, Deon filed a complaint against US Bank National Association.
The foreclosure sale was to be conducted on or about March 12, 2021, but he claimed the date was “improper.”
He argued that the home is the primary residence of Karen and their 14 children.
He then filed a temporary restraining order to prohibit the foreclosure of the sale, but the court denied the motion.
The family still appears to be living in the home despite the sale.
The Derricos have been struggling with financial issues for years.
The Sun previously reported the parents filed for bankruptcy five times in the past.
MOVING ON?
On the current season of the TLC show, the family took a vacation to South Carolina, where Karen’s mother lives, in October.
Karen expressed her desire to move out of Sin City, as she said in the trailer: “Moving to South Carolina is going to be a hard sell because it is hard to take city people into the county.”
Deon’s mom GG yelled at her son in opposition of the move: “Never! I don’t have the voice to argue. And I’m supposed to pamper her. Forget it!”
Deon said in a confessional: “I’m torn between the two top women in my life and I’m in the hot seat.”
Doubling Down with the Derricos airs Tuesdays at 9pm on TLC.
