Another 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.