Real Housewives of New York: Sonja Morgan Bankruptcy Scoop

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, …

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Actor Timothy Busfield, “West Wing”, “Thirtysomething” Facing New Part in “Foreclosed”

Actor Timothy Busfield, is said, by TMZ, to be facing some tough times making his mortgage payments. TMZ has obtained documents filed with the California Recorder’s Office — which show Busfield defaulted on the mortgage for his Malibu pad — and if he doesn’t reach an agreement with the bank soon, they plan on auctioning …

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Celebrities in Financial Trouble This Week

Money problems are not limited to us mere mortals alone. Celebrities fall into financial problems as well. Here is the latest crop reported by TMZ. Screech From Saved By The Bell Screech had his first foreclosure scare in 2006 — when he allegedly fell behind $250,000 on his mortgage payments. It all happened again a …

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Real Housewives of DC – Guess Who Went Bankrupt

This year brings year another new Bravo television series, The Real Housewives of D.C. It seems that each Real Housewives series, Orange County, New Jersey, and now D.C. brings a fascinating glimpse into financial dysfunction. Two of the characters featured on the show are Michaele Salahi & Tareq Salahi. Michaele is shown to the left. …

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Hulk Hogan Trying to Corner Bad Credit Market

Previously I wrote about Hulk Hogan filming a commercial for a debt settlement company. Apparently now he’s moving onwards in the credit disadvantaged market. Below is a video I saw last night for rent to own stuff. Oh Hulk. He even seems to be wearing the same outfit in both spots. [flashvideo file=/wp-content/uploads/IMG_0020.flv /]