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Sonja Morgan blames a portion of her debt on a failed film project.
New Jersey Housewife Teresa Giudice isn't the only woman in the franchise with financial troubles. Sonja Morgan from the "Real Housewives of New York City" has filed for bankruptcy, and is $19.8 million in debt, according to the Wall Street Journal. Morgan, who has $13.5 million in assets listed on her bankruptcy petition, said in court papers that the "decision to seek bankruptcy relief was not an easy one, but unfortunately, I am at a crossroads in my life."
In the papers, Morgan blames a portion of her debt on a failed film project involving her production company Sonja Productions. The company was set to produce a film, "Fast Flash to Bang Time," which was to star John Travolta, but the movie "never got off the ground" because "Mr. Travolta insisted on various conditions that could not be met by Sonja Productions nor my co-producer, Hannibal Pictures."
As a result, Hannibal Pictures filed a lawsuit against Morgan, and won a $7 million judgment.
The papers also reveal that Morgan's current monthly income, including support from her ex-husband, is "about $26,000 per month." Morgan concedes that "at various times, I have lived a charmed life," but right now is "a struggling single mother attempting to reinvigorate" her career, and does not "want or expect sympathy from anyone."