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Showing posts with label Morgan. Show all posts
Showing posts with label Morgan. Show all posts

Real Housewives’ star Sonja Morgan faces losing her home over bankruptcy

Despite starring in hit US TV show Real Housewives of New York, the reality star Sonja Morgan has revealed that she could lose her home after declaring bankruptcy and fighting a divorce settlement battle with her former husband.

Morgan first spoke of her financial woes during episodes of Season 4 of the popular Real Housewives series. Last month, viewers watched the 47-year-old confess to her friends and fellow housewives that she had filed for bankruptcy after racking up debt problems of $19 million.

According to a report in the New York Post, Morgan’s debt problems began in 2006 when she agreed to finance a film but then reneged on the deal as she had just been served with divorce papers. She was successfully sued by the production company and in September 2009, a Californian federal jury ordered Morgan to pay out $7.06 million in damages.

The mother of one is now facing further money troubles as she battles her former husband, the 80-year-old millionaire John Adams Morgan, over a divorce settlement of $3 million. Morgan has now revealed that she faces losing her $6 million home in New York as a result of her debt problems.

Morgan has told the New York Post that she is banned from visiting properties that she co-owns with her former husband, whilst he himself lives on a $19 million private island near Connecticut. She said:

“I’m sure the world thinks, ‘Sonja doesn’t have to worry, she’s got that husband there for her’, but I’m on my own.”


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Video debt advice, an interview with Mike Morgan of ClearDebt

by Paul Gailey on February 1st, 2011

Mike Morgan is a senior debt advisor at ClearDebt, and was the first debt advisor in the UK to gain a BTEC level 3 qualification on debt resolution.

This video of Mike dates from 2009, but nonetheless contains some fine debt advice and also offers an insider’s view of the debt resolution industry.


Mike is a valued contributor to debt forums across the internet and is also available to answer questions from anyone on ClearDebt’s Community pages:

By Paul Gailey and is filed under Inside ClearDebt.
Tagged with: mike morgan.
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