Real Housewives of Beverly Hills personality Paul “PK” Kemsley has allegedly made a major move in his ongoing divorce battle with Dorit Kemsley, reportedly purchasing the second deed of trust tied to their former family home.
Attorney Ronald Richards, who has been closely following the RHOBH stars’ foreclosure saga, broke the news on X.com. He claimed that a company controlled by PK purchased the deed of trust for $950,000.
According to Richards, approximately $1,201,175.94 is currently owed on the note. If accurate, that would mean PK allegedly acquired the debt at a roughly $251,176 discount.
The attorney (who is not officially working on this case) claimed the purchase gives PK control over the debt and allows him to act as the lender rather than having the property’s debt handled by a third party.
He wrote, “Paul is now [Dorit’s] bank.”
Ronald Richards further claimed that Dorit personally guaranteed the note and could potentially face a judgment for the outstanding balance, plus accumulating default interest, attorney’s fees and other costs. He alleged that Dorit could ultimately be more than $1.5 million in the hole to PK.
The move reportedly stems from the former couple’s ongoing dispute over their Beverly Hills-area property amid their divorce. Ronald Richards claimed PK’s purchase could allow the family to avoid a foreclosure conducted by an unrelated third party while giving the estranged spouses more control over what happens to the property.
According to RR, Dorit is still expected to leave the home by November 1, 2026.
Ronald Richards also characterized the alleged purchase as a significant financial maneuver by PK, claiming the debt could potentially be used as an offset against any financial claims Dorit makes in the divorce.
