Doubling Down With The Derricos family is certainly going through a transitional phase. In June, Deon and Karen announced their decision to divorce. In the settlement, Deon and Karen agreed to share the legal and physical custody of their 13 children, with Deon paying $1,116 in child support and Karen covering the children’s medical insurance.
Despite their shocking separation, the former pair maintains an amicable bond as they continue to raise their children together. Recently, the news of Karen filing for bankruptcy in 2018 made headlines. Moreover, a new detail about the TLC show has come to light in their latest preview. So, what was the preview about? Find out here.
Doubling Down With The Derricos: Deon & Karen Reminisce Old Memories
Karen and Deon filed for divorce on June 4. It became official two days later, on June 6. The former couple will continue to co-parent their 14 children together. Moreover, Karen has decided to keep her last name, Derrico. “Together, we remain unified in the parenting of our 14 beautiful children – their well-being is our priority,” they said in a joint statement following the news of their split. “We thank everyone for their understanding and support as we move forward for the good of our family.”
Derricos’ search for a new house seemingly comes to an end in the Doubling Down With The Derricos season 5 finale. In a preview clip posted on TLC’s Instagram, the family reminisced about their old memories as they said goodbye to their old house. Deon described the experience as “bittersweet.” He added, “This house has been the OG that has really seen a lot of y’all.” He continued, “Remember, the younger five babies, they only remember this house.”
Members of the family took turns sharing their favorite memories in the house. Karen reminisced, “Bringing the babies home.” The scene cut to a flashback of Karen holding newborn triplets Dawsyn, De’Aren and Dyver as Deon and the children met them for the first time. The kids talked about how they would miss “hot cocoa” and celebrating Thanksgiving with Deon’s nephew Amani in the house. The clip also included Karen recalling the time the family decorated a Christmas tree with an ornament in memory of their late son Carter.
Doubling Down With The Derricos: Karen Filed For Bankruptcy In 2018
In January 2018, Karen filed for bankruptcy, revealing assets of $12,519 and liabilities of $47,567. Her monthly income was $2,480, while her expenses were $2,560. She owed $27,000 in student loans and owned various assets including homes in Vegas and Detroit, a 2007 Saturn Aura, furniture, electronics and clothes. At the time, she worked as a bank teller at the Bank of America and had reported an income of $39,096 for 2017.
The bankruptcy case was initially requested to be dismissed due to missed payments and incomplete documentation. It eventually converted to Chapter 7, and her debt was discharged in February 2019. Fans speculate that financial issues may have contributed to her divorce from Deon. They also wonder about the accuracy of her estimated net worth of $6 million.
