It pains me to report that Sonja Morgan, last year's newest addition to The Real Housewives of New York (and fan favorite), is having a financial crisis of her own having to file for bankruptcy, according to The Wall Street Journal.
"The decision to seek bankruptcy relief was not an easy one, but unfortunately, I am at a crossroads in my life," Sonja declared in court papers filed Wednesday. She listed on her petition for bankruptcy $19.8 million in debt and $13.5 million in assets, citing a failed venture in filmmaking as the cause of her financial woes.
The film, which was called "Fast Flash To Bang Time", was to have starred John Travolta, but the film suffered due to conflicting demands between Sonja's camp and Travolta's. In the end, Hannibal Pictures, the company who was involved in the business venture with Sonja, filed and won a lawsuit against Sonja for $7 million dollars. Ouch.
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