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During Season 4 of the Real Housewives of New York, we saw Sonja Morgan play  off the demons of bankruptcy and divorce with humor and a smile. Now she is vowing  to hold her Upper East Side townhouse no matter what it takes.

From the Wall Street Journal:

 

Bravo “Real Housewives of New York City” star Sonja Tremont-Morgan is clinging to her Upper East Side home—her “most necessary and cherished asset,” according to her financial reorganization plan recently filed with the U.S. Bankruptcy Court in Manhattan.

The plan lays out how Tremont-Morgan expects to pay off the $7 million legal judgment against her over a John Travolta movie that was never filmed, a failed Hollywood venture that prompted the socialite to file for Chapter 11 bankruptcy protection in November.

The key to Tremont-Morgan’s escape from financial hardship? Using one failed partnership to pay off another.

At the same time her attorneys filed her bankruptcy-exit plan, she sued her ex-husband, octogenarian John Adams Morgan, who has allegedly gotten in the way of her financial payoff pursuits.

Tremont-Morgan wants the court to give her the authority to sell her stake in a 35-acre Colorado ranch. Separately, she accused her former husband of blocking real-estate appraisers from a French property that she wants to sell but that he has aimed to keep after their 2006 divorce.

An attorney for John Morgan, whom Tremont-Morgan has described as a descendant of J.P. Morgan and John Adams, declined to comment.

Bravo TV , still reeling from the suicide death of , husband of Taylor Armstrong of the Real Housewives of Beverly Hills, has yet to announce which cast members will return for a fifth season.

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 September 2, 2011  Posted by sharon at 1:55 PM the real housewives of new york  Add comments

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