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Speidi Is Bankrupt & They Feel Like "Idiots"

| Filed under: Spencer PrattHeidi Montag


No argument from this corner!

We haven't heard much from Spencer Pratt and Heidi Montag since their plans for a divorce folded and they joyously reunited. We would have expected a recommitment ceremony by now or at least some publicized plans to reignite their celebrity.

But sources are reporting that they've been a little busy with other stuff these days - like trying to recoup financially from blowing through $10 million!

Wow! Who knew they had that much?

The couple is telling sources that not only have they been left penniless after throwing money away on homes, cars and Heidi's "music career", but that they are now currently homeless and owe $2 million in taxes. According to them, they are one step away from filling for bankruptcy!

Not good!

Life& Style caught up with the pair and asked them how they could get themselves into such a situation. Spencer, who claims he's "looked into unemployment checks," explains that they were "idiots":

"We were immature, worrying too much about the famous part instead of the actual business part, In hindsight, we shouldn't have spent any of our money. We should have been low-key and saved. We thought The Hills was going to be like [the original] '90210' and we'd have another five to 10 years. The ratings were consistent. But we never saw Jersey Shore coming. Before, TV audiences were fine with seeing us all argue, but now they want you to punch one another in the face and hook up with three different people. Our cast was a bit boring and snoozeworthy in comparison. No wonder we got canceled."

Yes, but as we all recall, you got canned a long time before the show did, Spencer! Just saying!

For now, the pair are living off the kindness of Spencer's parents, living in their guest house and having them go grocery shopping for them. But regardless of their sad situation, shockingly, Speidi knows that it is self-inflicted. Spencer added:

"We don't want sympathy. We did this to ourselves and feel like idiots. But we've grown up and are definitely not as naive anymore."

Time will tell if that is really true. Hopefully, they got paid for this interview at the very least.

We want to feel bad for them, but as they pointed out, they did this to themselves. Plus, they've burned so many bridges along the way that we don't see them rebounding anytime soon. Honestly, it would only take one reality show to bounce them back on their feet, but who the hell is going to hire them?!

[Image via WENN.]

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60 comments to “Speidi Is Bankrupt & They Feel Like "Idiots"”

  1. 1

    They should feel like idiots…because they are idiots.

  2. Beccx says – reply to this


    Finally, they realize that they are idiots. Now we're all on the same page.

  3. 3

    Someone needs to tell them to be quiet, they now have the IRS auditing them for $10 M, guaranteed.

  4. 4

    They Feel Like "Idiots"
    And they look like some TOO!
    Let's not forget the $ spent on "improving" Heidi's bod. What Jackasses. You will never see a "Jersey Shore" coming. Have you not heard all the other pathetic Hollywood stories out there where people lost everything>? You were set for life and pissed it away

  5. 5

    Dr. Drew saw that coming! "The Mirror Effect: How Celebrity Narcissism is Seducing America" (book) but it's sad anyway. Maybe they can go back to school, living a normal life. Maybe Spencer can become an agent in Hollywood or a coach. Heidi could pose nude in art class in colleges or work in Las Vegas as a host. They have options.

  6. 6

    hmmm. lets see. You can't act, you can't sing, you had yourself surgically altered to look like a barbie doll. Isn't the logical next step porn?

  7. 7

    They are the WORST of The WORST..they deserve to die cold and alone in the gutter…..live by the sword die by the sword

  8. 8

    Boo Fucking Hoo

  9. 9

    That's what she gets for choosing a douche over her best friend… you know LC is laughing her ass off.

  10. 10

    LOL, who would feel sorry for them!

  11. 11

    Oh, so this is their latest ploy? After the faux break-up, now we have "We are reasonable and responsible human beings." Whatever. Like everything else in their existence, I'm sure this is fake as well. Still waiting for their 15 minutes to be completely over so that the world never has to hear from either of them again.

  12. 12

    His parents go shopping for them? WTF why cant they borrow some money and go do their own grocery shopping. . . Or better yet how about they go get real jobs!!!!!!!!! No one is going to be paying them millions to b on tv anymore so time fill out those mcdonalds applications.

  13. 13

    I don't feel sorry for them at all, I'm struggling to pay my rent month to month and they blow 10 million?!?!? Give me 1/10 of that and I will live on it the rest of my life. A-holes.

  14. 14

    If this isnt the feel good story of the year i dont know what is

  15. 15

    Re: newfiechic – Exactly. I read he invested $500,00 in crystals. Hello? No sympathy here.
    That ten million dollars they squandered could've changed lives in Uganda, Kenya, Mozambique, Haiti, Viet Nam, Laos, Cambodia, Bolivia. Instead, these fools indulged their vanity. Puh-lease.

  16. 16

    My first thought was that you'll probably be blogging about them 10 times a day now. Oh boy, I just can't wait for that.
    My second thought was that Al Roker is probably having a very good day.

  17. 17

    Maby Brody could hire spencer to scrub his tiolet.

  18. 18

    They are idiots so they haven't completely lost touch with reality

  19. 19

    *THIS* is what makes them feel like idiots?!?

  20. 20

    I'm shocked they were able to make that much money for DOING ABSOLUTELY NOTHING!

  21. 21

    Yawn…. I bet that the moonlight bunny ranch is looking mighty good to you two right now.

  22. 22


  23. 23

    5-10 years of the Hills? Are they fucking kidding??? They obviously have no appreciation for the value of a dollar! Most people don't spend or see that in a lifetime! I guess as the saying goes..A fool and his money are soon parted! They make me sick!

  24. 24

    No wonder they aren't helping Heidi's mother…

  25. 25

    Good thing Neil Fifer used her for the cum bucket she is and kicked her to the curb!

  26. 26

    The other day you blogged that Susan Boyle was keeping to a vv strict budget of around £450 a week. You then asked if that was a good idea or not! Quite frankly if the alternative is blowing $10 million in a matter of years. Then keeping to a strict budget is surely the answer! P.s i'm quite glad that these guys have kept their heads down for a while, i was starting to get sick and tired of them! xoox

  27. 27

    Just put Heidi in another interview in playboy. Flake or no, she has big boobs and men enjoy seeing those.

  28. 28

    Awww, too bad you can't pawn plastic surgery….

  29. 29

    "…according to them, they are one step away from Bankruptcy"
    So they haven't filed? So…. this is another PR stunt. Obviously. Another pathetic one at that.
    And even if they did, would it be news? Would it be shocking? Would anyone care?
    Spencer has "looked into unemployment checks"??
    Yeah, I'm sure that "reality tv actor" qualifies for unemployment insurance….

    My 5 year old niece is even aware of the concept of "saving money" when she puts money in her piggy bank … its hard to believe, especially with the shape of the economy in the last couple of years….they didn't think to save anything… wonder what their next PR stunt will be…

  30. 30

    I see porn and the massive marketing and distribution of a seedy sex tape in this couple's future.

  31. 31

    …and we're to feel sorry for them!? WTF! Everything that comes out of their mouths are LIES……Ever hear about the boy who cried wolf Heidi & Spencer…..?!

  32. 32

    Hey, no sympathy from me. I'm with him - self responsibility. Besides, they annoy me. I actually laughed at them when I read this, lol.

  33. @v@ says – reply to this


    Re: italianvenus – Agreed that it coulg be a publicity stunt. Let's see what Spencer's $150,000.00 crystals say. If they owe 2 million in back taxes and a truly broke, it'll be the two of them doing time for non-payment instead of paying up. In the meantime, Heidi can clean rooms alongside her mom for food.

  34. 34

    This makes me so sick to my stomach for real!!! these people have been living the life that millions of people wish they could and now that they blew through all of their money they are just going to go bankrupt….thats messed up they shouldnt be allowed to they should have to actually work to pay off what they owe. There are hard working people everywhere in this world and people all around this world in crisis but these people who dont give two sh*ts about anybody but them selfs can go bankrupt just like that. I am not against celebrities or famous people at all I know how hard it must be to be beautiful all the time :) and constantly having people juge you but this is too much. sick….thats all that is!

  35. 35

    B.S. these two never had $10 million.
    I believe they are broke, but they never had that kind of money.

  36. 36

    I wonder how much all her surgeries have costed added up. And I do mean ALL of them!

  37. 37

    I suggest they go out and start looking for jobs. It's about time when stores hire for the holidays or better yet, I believe a local stripper pole has Heidi's name on it.

    What a pair of dummies.

  38. 38

    they feel like losers NOW>> haha you mean they always were losers.

  39. 39

    They haven't learned a thing. One more way to make the cover of tabloids and get paid. He's a psycho and she's ridiculously insecure, but yes, they certainly ARE idiots. Now please make them go away…

  40. 40

    Re: mommybrassard – Sorry, but think about it. You do not want THEIR VERY SICK LIFE!

  41. 41

    Could not have happened to a better couple.

  42. 42

    Who cares? Let them crash and burn. They aren't real celebrities and I would be ecstatic if you quit reporting on them altogether.

  43. 43

    Re: Big Girl – Haha, love it!

  44. 44

    This sounds like their latest make money quick scheme.
    These two can just go fuck off.

  45. 45


  46. PatM says – reply to this


    They should

  47. 47

    Everyone pray for Speidi! Because a world without Speidi isn't a world worth living in. Go Buy Heidi's Superficial Album to help them out. I'm here for you HEIDI!!!!!!!! Love Always, Michael!!!!!! :) :):)

  48. 48

    they look like idiots too

  49. 49

    Al Roker must be dancing the night away with this news.

  50. 50

    Dear Heidi and Waco: I know you will read this so here is my message. No one cares about your drama, no one feels sorry for you, we all want you to go away, and we never liked you because you are both cocky, annoying, talentless, fame seeking idiots, selfish, pathetic and the entire world will agree with me. Now Perez, dont report on these morons anymore. we were all happy to see their 15 minutes of fame is coming to an end. Everytime these two were in the news I wondered why???????????????????

  51. 51

    They should really look into Buddhism.

  52. 52

    Please they always step over the line then apologize or say they're sorry but they are fakes and frauds and i hope they never work in this town again.

  53. 53

    Fell sorry for them!
    Give them a reality show people!
    Everybody deserves it: SECOND CHANCE!!!

  54. 54

    Re: mary333

    wooooooooooooooooooooooooooooooooow are u fucking serious? LMFAO i kinda feel sorry for u..

  55. 55

    Awwwwww. I really feel sorry for them. Does anyone have their address so I can send them a little something? I can spare a dime.

  56. 56

    HAHAHAHAHAHA what losers. don't even put them on this website, its for the famous not the scum of LA

  57. 57

    Well I guess she can now go into business with mom and clean houses for a living too…

  58. 58

    Whoopi Goldberg WARNED them. She warned them not to piss away all of their money, and they said they were just "living in the moment". They are idiots, but not just for this reason either. They have made a plethora of bad choices, and now they have to pay for it. It's time they did. And then they can learn, and move on, and get real jobs.

  59. 59

    Ew,Ew,EW.Yuck,Yuck,Yuck…CAN'T STAND these two!!

  60. 60

    youre both so sad. and its so obvious how fucked up you guys are. dumbasses.