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Real Housewives of New York: Sonja Morgan Bankruptcy Scoop

Real Housewives of New York: Sonja Morgan Bankruptcy ScoopAnother Real Housewife has fallen into bankruptcy. Sonja Morgan from Real Housewives of New York has just filed for bankruptcy protection with a voluntary Chapter 11 bankruptcy, citing $19.8 million in debt and $13.5 million in assets.

The Wall Street Journal reports:

“The decision to seek bankruptcy relief was not an easy one, but unfortunately, I am at a crossroads in my life,” Morgan said in court papers.

Morgan also pointed to her “bitter” and unresolved divorce from her husband, a man she described as “many years my senior and a descendant of J.P. Morgan and John Adams.”

While she works to resolve these disputes and formulate a plan of reorganization, Morgan said she hopes to take preserve the value of her assets and continue her career as a television personality. She said her appearances on “Real Housewives” position her to pursue potentially lucrative endeavors, like writing a cookbook an developing a clothing line.

Sonja states her currently monthly income is $26,000 and expects it to improve over time.

You can find more information in Sonja’s court documents, here.

Real Housewives of New York: Sonja Morgan Bankruptcy Scoop
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About Steve Rhode

Steve Rhode
Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

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