Olsen Twins’ Dad Turns BrokeJune 27th, 2010 - 7:50 pm ICT by GD
By Meena Kar
June 27, (THAINDIAN NEWS) ‘Full House’ stars Mary Kate and Ashley Olsen’s father has filed for bankruptcy, according to reports. The former child star’s father is also set to lose his present home unless he pays $2.2 million to the bank. David Olsen is presently in trouble because he failed to make his mortgage payments on time. He also had trouble earlier when he failed to pay up his taxes within the stipulated time. A source close to the father of the child stars revealed that he had managed to save the house the last time that he had problems with taxes but this time his situation is worse.
The fans of the Mary Kate and Ashley Olsen have also started speculating about the relationship they share with their father and step mother as the latter can be saved from the trouble by them. David Olsen split with the mother of the twins in 1995 and married his secretary. He now has two children aged 12 and 14. They might be forced to move out of their homes if they fail to cough up the $2.2 million by July 9. It will be interesting to see whether the daughters step up to save their father this time around.
The twins have maintained their stardom even after the end of the popular sitcom ‘Full House’. They have been regulars on TV with appearances in several shows and commercials. They have also been called fashion icons by a reputed magazine and also have a clothing line named ‘Mary Kate and Ashley: Real fashion for real girls’ for girls aged 4-14 years. They were in the news for their generosity when they allowed full maternity leaves for the women in Bangladesh who stitch their clothes.
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