The Real Housewives of New York City

Another Real Housewives Star Files for Bankruptcy

11/18/2010 at 10:55 AM EST

Sonja Morgan Files for Bankruptcy
Sonja Morgan
Jerritt Clark/WireImage
Following in the financial footsteps of The Real Housewives of New Jersey's Teresa Giudice, Sonja Morgan of the New York City cast has filed for bankruptcy, reports The Wall Street Journal.

"The decision to seek bankruptcy relief was not an easy one," Morgan says in court papers. "But unfortunately, I am at a crossroads in my life."

Morgan, who joined the Housewives franchise in the show's third season, stated that she's battling a "bitter" divorce with John Adams Morgan and listed $19.8 million in debt and $13.5 million in assets on her Chapter 11 bankruptcy petition.

In the court papers, Morgan blames a failed venture to make a movie with John Travolta as part of the reason she's hit a financial low, the Journal reports.



"I became involved . . . with Hannibal Pictures, Inc., to make and produce a movie known as Fast Flash to Bang Time, potentially starring John Travolta," Morgan says. "This movie never got off the ground."

But Morgan isn't giving up hope. "My current monthly income including support is about $26,000 per month," she says. "And I expect this income to improve as new opportunities materialize."

See what other readers have to say about this story – or leave a comment of your own

Your Reaction

Follow Us

On Newsstands Now

Robin Roberts: How Loved Saved Me
  • Robin Roberts: How Loved Saved Me
  • Emma and Andrew: All About Hollywood's Cutest Couple
  • Prince George! More Yummy Photos

Pick up your copy on newsstands

Click here for instant access to the Digital Magazine

Advertisement

From Our Partners

Watch It

What to Watch Today

From Our Partners



Sign up for our daily newsletter and other special offers.
    Choose your newsletters
Thank you for signing up! Your request may take up to one week to be processed.
    see all newsletters