Peggy Tanous appeared in season 6 in of the Real Housewives of Orange County and according to new court documents, a bank wants permission from the bankruptcy judge to take the home she’s resided in for the last eight years.
U.S. Bank claims Tanous has missed the last 75 monthly payments of $6,000 and that she owes $1.54 million on the Irvine, California, house thatâ€™s worth $840,000. Tanous also owes $300,000 to another bank on a second mortgage on the house she bought in 2006, the court filing says.
According to RadarOnline, the Tanous’ home was just three days away from a foreclosure sale when she filed for voluntary Chapter 7 bankruptcy in February of 2013. The bank is asking the judge to lift the automatic protection from foreclosure because she has no equity in the property.
The documents show Peggy’s annual income is $30,000 a year. Her only income appears to be $2,500 in child support from ex-husband Micah Tanous, although sheâ€™s never publicly acknowledged the divorce.
Photo Credit: Bravo