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NY Housewife Sonja Morgan Heartbroken About Bankruptcy

sonja morgan heartbroken over bankruptcy

Such a sad situation.

To recap, back in November Real Housewives of New York City's Sonja Morgan filed for Chapter 11 bankruptcy, claiming $19.8 million in debt and $13.5 million in assets!

Then, last month she was accused of "fraudulent conduct" by Hannibal Pictures, after she pulled out of financing for a movie called Fast Flash to Bang Time, and she was ordered by a judge to pay the prod co $7 million. Ouchie!

Now, Sonja has opened up about her financial troubles, and she's NOT feeling good about them:

"The recent events have been very heavy because it's public and people are looking at me under a microscope. I'm heartbroken."

"It has been a steep learning curve in a business I knew nothing about. I am back to doing what I know and will recover some of my loss with continued hard work…facing this reality is not pretty for me."

Sorry to hear all of this, Sonja, but at least you're being honest about everything, and as we said back in November, we'd imagine you can probs use your connection to the Housewives franchise to make some of that money back!

Do U think Sonja will recover from her financial woes?

[Image via WENN.]

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NY Housewife Sonja Morgan Accused Of Fraudulent Conduct, Owes $7 Million!

sonja-morgan-owes-7-million-dollars.jpg

What's the pecking order looking like now, huh Sonja??

Real Housewives of New York star Sonja Morgan has been accused of "fraudulent conduct" by Hannibal Pictures, after she pulled out of financing for a movie called, ahem, Fast Flash to Bang Time.

Hannibal claims that she and her company, Sonja Productions, are personally liable for backing out of their agreement. They add:

"The masks are falling and there is no longer any doubt that we were defrauded and severely damaged. We are now going to collect to the fullest extent of the law."

Ouch!

Sonja says that she had to file for bankruptcy back in November 2010 and that the movie never happened because its star, John Travolta, (yes) needed "various conditions" that her compay couldn't provide.

LOL, what??

A judge unfortunately didn't see it Sonja's way and has ordered her to pay Hannibal $7 million.

That's a lot of dough, Sonja! Maybe a little less partying and a little more "working," can solve these problems.

Whatever happened to that toaster oven cookbook, anyway??

[Image via WENN.]

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