'Real Housewives Of New York' 2014 Cast: Sonja Morgan Denies That She’s ‘Broke As A Joke’ [VIDEO]

Real Housewives of New York star Sonja Morgan is fighting back at claims that she is broke and is struggling to make ends meet after a bad business deal in the movie industry went wrong, leaving her millions of dollars in debt with her investors.

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Morgan insists that there is no truth to the claims that she is in bankruptcy and is being forced to sell her home because of her dire financial situation. The blonde beauty is facing a $7 million judgment from Hannibal Pictures, which according to the judge in their case, have the next year to enforce liens on the Real Housewives of New York star's earnings and assets. According to court documents, she failed to raise money for a new project starring John Travolta and is now being sued for damages.

"Broke as a joke? I am in a Chapter 11 reorganization, I am not in a Chapter 7 which is a liquidation," Morgan explained to Radar Online. "To say I am broke while I am working and my daughter Quincy is thriving under such immense pressure is unfair."

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Morgan is also blaming her Real Housewives of New York co-stars for "twisting" the truth when it comes to her finances.

"My co-stars this last season have added insult to injury by exploiting words such as 'bankruptcy' and 'bank' when there are no banks involved in my case," Morgan added. "I own my properties free and clear. I did always plan to sell my house in France if needed, as Heather [Thompson] and Ramona [Singer] both knew."

Meanwhile, Morgan is also working on her business ventures in addition to the Real Housewives of New York, including her fashion lifestyle brand, Sonja in The City. She's also working on a new perfume with her name, along with a clothing line and diamond collection.

Real Housewives of New York airs Tuesdays at 9 p.m. EST/PST on Bravo.

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