The Truth About Chris Watts' Double Life

Posted by Martina Birk on Monday, May 6, 2024

While the Watts family presented an idyllic life to the outside world, they'd apparently been dealing with some hefty money troubles for quite some time. As reported by CNN, Shanann and Chris Watts had filed for bankruptcy in 2015, and prior to filing, "they were about $70,000 in debt, most of it from student loans and credit card purchases ... The couple reported two savings accounts with a total of $9.51 and a joint checking account with $864." Meanwhile, People confirmed that, with the couple's house, their total liabilities were $448,820 when they filed for bankruptcy. Unfortunately, Shanann and Chris' finances likely placed a huge amount of stress on the couple.

As noted by People, the Watts filed for Chapter 7 bankruptcy, which asks the court to write off financial debts such as credit cards and loans, but allows the applicant to keep making payments on assets such as houses and cars. However, it's unclear if Shanann and Chris were granted the filing, per People. Chris' mistress, Nichol Kessinger, appeared to confirm the financial issues the Watts family had been dealing with during her police interview. According to the discovery documents, Kessinger told police that Chris and Shanann "did not get along well and their financial life was also troubling." The report added, "She said Chris was struggling with finances and now he had a third kid on the way and she does not know if he could afford another kid." The doc went on to state that Kessinger told police that "Shanann was not responsive to this financial trouble."

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