In Debt
11.6.09
10:00 AM
Celebrity personal trainer Tracy Anderson is slacking in matters that regard with her personal and business finances.
In an Indianapolis Monthly magazine exposè, Tracy has been sued by creditors six times in 27 months, her studios have closed, the 12 "Hybrid Body Reformer" machines she would eventually use to convince Gwyneth and Madonna to become her clients were repossessed. And that's just the tip of the iceberg.
Here's a small sampling of her financial mess:
Tracy and husband Eric bought a four-bedroom, 2 1/2-bath home in the Oakmont subdivision of Noblesville, where they settled into life with their new baby boy, Sam. In July 2001, the Andersons opened a business together—the Young Artists & Athletes Development Center, a gym and dance studio housed in a 7,000-square-foot Fishers warehouse facility near 121st Street and Cumberland Road. It seemed like life was on the right track
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