Sonja Morgan from “The Real Housewives of New York City” filed for bankruptcy in NYC on Wednesday. Morgan listed $19.8 million in debt and $13.5 million in assets on her bankruptcy petition, the Wall Street Journal reports.
“The decision to seek bankruptcy was not an easy one, but unfortunately, I am at a crossroads in my life,” the 46-year-old Bravo star said in court papers.
She blamed her financial problems on a failed venture with Hannibal Pictures Inc. to make a movie starring John Travolta. That film was to be called “Fast Flash to Bang Time,” court papers said.
Morgan said the movie never got off the ground because of “various conditions” that Travolta demanded and her production company, Sonja Productions, could not meet. Hannibal Pictures filed a lawsuit against Sonja Productions in California and won a $7 million judgment.
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