Joey Lawrence had a pretty cushy job at "Melissa & Joey" but after the show got canceled, he got into some massive debt. As reported by The Blast, Joey and his then-wife Chandie Lawrence filed for bankruptcy in 2017, claiming that their monthly expenses were over $25,000, leaving them $18,000 in the hole. They also owed $88,000 in back taxes and had a credit card debt of $132,000. According to the documents, the actor was making $534,000 in 2015 during his last season of "Melissa & Joey" but earned only $58,000 the following year. To make ends meet, Joey and Chandie sold off their personal items online and in consignment stores.
In 2016, Joey's bankruptcy case was finalized and the trustee handling the legal matter was able to collect over $52,000, per The Blast. However, many of the creditors received none of the money they were owed and the IRS only got $31,000 of the $67,000 of the taxes owed, while the state of California only received about $7,000 of the $14,000 owed. While it seemed like troubles were finally behind Joey and his wife, the couple parted ways four years later after 15 years of marriage.
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