One fact of Erica Herman's life that has been covered fairly significantly is her past debt problems. In September 2018, The Daily Mail noted that while Tiger Woods had pulled in a reported $1.62 million following his comeback in golf — a feat that Herman has been credited with assisting Woods with — Herman has been stuck with a debt of $240,000 for years.
According to The Daily Mail, Herman's money troubles go back to a failed business venture. Herman, Jesse Newton, and Ricky McIntosh received a $200,000 investment from Tom Morris to open five nightclubs in Orlando, Florida. The trio opened two clubs that failed and then ran out of money, which prompted Morris to sue. He was awarded a judgment of $240,233.08, which Herman neglected to pay until she began working at The Woods Jupiter. From that point, Herman's wages were garnished to the tune of nearly $300 a week.
Herman has had additional financial troubles in her history, according to The Daily Mail. In 2012, a $13,000 BMW she owned was repossessed by the bank, and between 2012 and 2014 Herman and Newton were given several eviction notices from their landlord.
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