Danielle Staub, of Real Housewives of New Jersey fame, has filed for bankruptcy.
Her Chapter 7 filing lists $1.9 million in liabilities but shows an income of only $63,791 this year, the majority of which came from an appearance on VH1.
Staub’s most expensive asset is her $899,000 mansion, which she has been trying to sell for several years. She unfortunately owes more than $180,000 in taxes to the IRS and New Jersey. Staub does not seem to receive royalties for her book, The Naked Truth, but Staub does seem to be making an effort to improve her financial woes.
Bankruptcy is one of many ways available to help a person overcome overwhelming amounts of debt. If you’re stuck in an inescapable debt cycle, contact the personal bankruptcy lawyers of Hong Law, PLC, at 319-632-1400.