Lindsay Lohan’s mom is seeking bankruptcy protection to save her home, the New York Daily News reported. Dina Lohan filed a chapter 13 petition on Monday in Long Island, estimating her debts at more than $1 million. According to the documents, her house is valued at $1.27 million. The house has been in foreclosure and was scheduled to go on the auction block. The bankruptcy filing effectively halts the sale. Lohan’s biggest debt was listed as $1,554,240, owed to PennyMac Loan Services. Her filing lists the home as collateral on the loan and refers to the amount as “disputed.” Dina’s other secured debts are tax liens in New York and California, valued at $9,139 and $4,651, respectively.
