Sonja Morgan Speaks Out About The End Of Her Chapter 11 Bankruptcy


Last Tuesday, a bankruptcy court judge recently granted Real Housewives of New York City star Sonja Morgan the ability to pay off her creditors and begin a plan to get out of her Chapter 11 filing status and Morgan is revealing she could not be happier to put her bankruptcy behind her.

“I’m so happy the Chapter 11 is behind me and I can move on with my life and have my finances private again,” Morgan says. “It was very embarrassing to show the world my assets so publically: what houses I own and everyone speculating alongside me what I was going to sell and what I was going to keep.”

But Sonja is still hurt by some of the comments she has heard her RHONY cast mates say about her this season. “When Ramona [Singer] inadequately described my reorganization with comments like ‘The bank has my house’ or ‘Lady Morgan’s house is crumbling,’ I found that very painful because I always support Ramona whether she is right or wrong because she is my BFF,” Morgan told RadarOnline. “And then while I’m building my fashion house, the girls took that as an opportunity to criticize by masking it as concern. They were implying to everyone that I wasn’t focused.”

“But I can tell you, I was very focused for my business meetings, my trips to court, lawyer and accounting meetings, financial advisor meetings, all while putting my daughter first,” she says. “It was very important to me to maintain stability for my daughter even though her dad and I divorced and it was very sad for me.”

“Now I’m free to 100% just build my businesses and be fully creative again,” she says. “The chapter 11 reorganization was a fulltime job in itself with millions of dollars in administration fees.”

“I love managing large teams,” she says. “Even today, all my experience culminated in my Sonja Morgan New York fashion show because my Sonja and the City hat produced the show and created the event with my caterer and my sponsors.”

“My fashion background, having a Bachelors degree in marketing from FIT and having modeled internationally, also came together in the reveal of my fashion and jewelry collection,” she says.

Photo Credit: Bravo



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