Financial documents show that Richard and Kathy Hilton were granted a credit line for $10 million which they have to repay by 2021, and while that’s 10 years away, $1 million a year is plenty, considering the real estate market is a black hole ready to swallow the rest of the U.S. economy.

Is this why Paris has resorted to stripping on her reality show to bail her parents out? Hmmm…what are the chances things are not as they seem?

Image via WENN

In a joint interview with her mother, Kathy Hilton, Paris opened up to CNN host Piers Morgan and told him how devastated she was when her then-boyfriend Rick Salomon sold her out and released their sex tapes, under the name ‘1 Night In Paris’.

The socialite, who became the main topic of celebrity news for a very long time after the scandal, says:

“I just felt so betrayed, this was not just some random guy, this was someone I was with for a few years.”

During the interview, Paris was asked if she was ever in love with Rick:

“I thought I did, and I can’t believe that he would do something like that to me. It’s something that changed my life forever.

Paris also shares how the release of her sex tape dashed her childhood dreams:

“When I was a little girl I looked up to these people like Princess Diana and these women and I think and he took that away from me. This is not what I planned, I didn’t want to be known as that.

Now when people look at me they think I’m something I’m not just because of one incident one night with someone I was in love with.

People assume, ‘Oh she’s a slut,’ just because of one thing that happened to me. It’s hard because I’ll never…I’ll have to live with that for the rest of my life and explain it to my children, it’s something that has changed my life forever and I’ll never be able to erase it.”

Her mom, Kathy, eventually started crying and asked to take a break. She said:

“It doesn’t go away, it will always be there.”

At the start of the interview, Paris also revealed how she felt at the onset of the scandal:

“I was in shock, I had no idea. We were in Australia when I heard the news that someone had been sent a clip to one of the entertainment shows. I didn’t believe it at first and then when I landed back in LA is when I saw what happened.

It was the most embarrassing and humiliating thing that’s ever happened in my life… I was so embarrassed to even call her (Kathy) and tell her about it.”

And how did it affect their family? Kathy explained:

“It’s all a fog right now and it was a very difficult time. To keep her home for three months straight, you know it had to be embarrassing.

She would not leave the house. We lived in New York so wherever you go there are those boxes with the newspapers, with the NY Post, the Daily News.. and it was constantly sitting at the front of the reception desk.

We had therapy and I think that that really helped. I didn’t know what to say so that’s why I reached out for professional help. The whole family was affected.”

Paris and Kathy added:

“It’s something that we don’t talk about I try not to think about it.”

After everything she and her family have been through, we’re pretty sure Paris has learned her lesson. Hopefully, she will NEVER make a sex tape again. EVER.

Check out the video of Paris‘ revealing interview here.

images via WENN

More pictures of Kathy, Nikki and Paris after the payment….

It must be nice to have nothing else to do but shop all the time. OK, Nikki has several business lines, Kathy runs a foundation and Paris, well, Paris says she runs several businesses. Paris took a step away from her boyfriend Doug Reinhardt, after it was announced his sister and him were working on a reality TV show.  Paris had just denied she was working on a reality show, so maybe it was true and she was working on his!

Photos: Fame

More pictures of Paris and Kathy after the knife…

Kathy says that Paris wanted to get a bob job earlier, but didn’t. From Fox News:

“At one point she was like ‘I wanna do this and that, I’m so flat!’ but then all of a sudden she was like ‘I love it. I don’t care. I love it’,” Kathy told Tarts at the launch of Paris’snew all-in-one hair tool the Celebrity Styler and the Ultimate Brush at the Thompson Hotel in Beverly Hills on Tuesday night. “I’m proud of that; I think that’s really nice.”

But according to Ms. Hilton, the thought never really crossed her mind.

“I’m way too scared, I hate needles and I hate blood. I’m a really big fan of the show ‘Nip/Tuck’ so I see how it happens,” she said. “I’m just too scared. I’m happy with the way I am.”

 So, mom remembers Paris wanted a boob job, but Paris conveniently forgot. Interesting. Who do you think is telling the truth?

Photos: Bauer Griffin