Which 'Real Housewife' Could Lose Her $6 Million Home?
By Kelly Fisher Posted Jul 5th 2011 04:00PM
According to E! Online, Morgan is battling her ex-husband, 80-year-old John Adams Morgan, for more money in their $3 million divorce settlement. The Bravo star filed for bankruptcy last fall and needs some cash ASAP, considering she claims she's $20 million in debt.
"Sonja is devastated, she's considering the house gone already," a source told E! "She wants to sell it back to her ex-husband, so she can make that money off it and her daughter can live there, but he's refusing. She wants to keep it for her daughter, but it seems she'll have to sell it and lose it altogether. She needs the money because he's not giving her a cent more and she's now more than $7 million in the hole."
"She's in denial, it's only just started to hit her how much trouble she's in," the source continued. "She makes $275,000 a year on 'Housewives,' which would be good for anyone else but it won't save her."
The bankruptcy stems from a bad movie investment between her production company, Sonja Productions, and Hannibal Pictures, Inc., and its ramifications have really take a toll on the reality star.
In May, a court ordered Morgan to shell out $7 million to Hannibal Pictures, Inc., after they filed suit against her.
"I woke up one morning, and decided I was going to be a movie producer. I put a slate of 5 movies together, and I started Sonja Productions. I spent a bunch of my money on it," Morgan revealed to PopEater's Rob Shuter. "I said I'd put some pictures together, and it was going well. I had a movie come out with Forrest Whittaker and Gabrielle Anwar, and we got two awards, and it was on a roll. And then one of my movie deals, it was one big misunderstanding, and then they sued me, and I wasn't adequately represented, and I lost. That's OK, I'm a survivor. I'll be fine. I'll take care of Sonja. What goes around comes around, and the universe always gives back. And I'm such a giver."
PopScene: Week's Hottest Pics
Reese Witherspoon keeps her hands in her pockets as she tries to stay warm while out in New York City on January 3rd.
- Jennifer Aniston
- Paris Hilton
Kate Middleton is officially a princess. She walked the aisle in an Alexander...
According to Denise, she's not sure that her estranged ex is completely sober....
Popeater Hot Topics
- Kim Kardashian Dresses North in Skunk Costume; See How the Today Show Celebrated Halloween: Top 5 Stories
- Heidi Klum Dresses as a Butterfly for Annual Halloween Party -- See Her Crazy Costume Here!
- Kim Kardashian and North West Dress as Anna Wintour, Andre Leon Talley -- Plus, See Her Other Halloween Costumes!
- Tara Reid’s Skeletal Figure Scares Fans BEFORE She Puts On Halloween Costume!
- Demi Moore ‘Driving Mila Nuts,’ Wants Her To ‘Stay Away’ From Baby Wyatt ? Or Else!
- Judge Rules Amanda Bynes To Stay Under Conservatorship Until 2015, As Actress No-Show In Court
- Randy Bachman of The Guess Who & BTO keeps on takin' care of business
- Amanda Bynes released from psychiatric facility, slams parents in Twitter rant
- Country singer Jessie James Decker deletes Twitter account after ripping followers
- Happy Halloween! Check Out Kim Kardashian, Lea Michele, Justin Bieber and More Stars in Costume!
- Melanie Griffith on Who She'd Like to Date Next and Why She'll Never Watch Daughter Dakota Johnson in Fifty Shades of Grey
- Chris Brown Talks All Things Rihanna: The Assault, Their Relationship, Drake and More—Watch Now!