Wendy Williams In Financial Turmoil Amid Frozen Bank Assets

Wendy Williams’ personal life and finances continue to spiral. As fans know, the talk show host has been MIA from her hosting duties since September 2021. Her last air date was in July 2021. At the time, she told fans that she has to focus on her health. She’s currently dealing with the effects of Graves’ Disease and a breakthrough case of COVID-19.

Unfortunately, it’s taking longer than it should. According to recent reports, Wendy is not returning to her purple chair anytime soon. It was originally estimated that she would return by February. Meanwhile, she is in financial turmoil as her hiatus continues. TV Shows Ace previously reported that Wells Fargo froze her assets.

Is Wendy Williams in financial ruin?

Wendy Williams already has a lot on her mind. The biggest one is her health. Now, she claims she is dealing with “irreparable financial harm” as the bank continues to freeze her accounts. In a new lawsuit, Wendy Williams has been shut out of her accounts for over two weeks.

She has given her rights to a Power of Attorney after Wells Fargo allegedly locked her out of her accounts. A bank advisor claims that she is of “unsound mind,” which is why she doesn’t have access to her finances. The host of The Wendy Williams Show has not been on the daytime talk show for months now. A series of celebrity guest hosts have been filling in for her.

Sherri Shepherd is in talks to permanently replace the former disc jockey, but Wendy’s not on board with the idea. Though Wendy is dealing with numerous health problems, she still has plans to return to her talk show at some point. She is suffering financially as her frozen accounts have caused her “irreparable financial harm.”

Both Wendy and her representatives claim that Wells Fargo would give them a ruling. She has provided them with a “properly executed, witnessed, and notarized Power of Attorney and signed letter of representation.” A Power of Attorney is a designated person who makes decisions on the person’s finances or medical care when the person is unable to do so themselves.

Wendy Williams’ future remains uncertain

Wells Fargo has not responded to Wendy Williams about their decision. Instead, they have hired a legal time in this ongoing court battle. In the court filings obtained by The Sun, Wendy argued that the bank “repeatedly denied” her access to her bank accounts, which total over “several million dollars.”

“I have submitted multiple written requests to Wells Fargo and I have visited various Wells Fargo branches in the South Florida area in an effort to resolve this matter outside of the courtroom,” Wendy Williams said. “I have defaulted and I am at risk of defaulting on several billing and financial obligations, including, but not limited to, mortgage payments and employee payroll.”

Wells Fargo made that claim that her assets were frozen if they recognize “dementia.” Yet, her legal team claims the bank overstepped its authority. This comes after the talk show reportedly found a “permanent guest host” with fan-favorite Sherri Shepherd. A paparazzo also dragged Wendy into a lawsuit with Hilary Duff over defamation.

Wendy Williams has been battling a private health crisis for some time. She has not addressed her fans on the status of her condition, and whether she’ll ever return to the show. It may not happen if the reports about her declining health are true. Check back with TV Shows Ace for more news on Wendy Williams.