Real Housewives of Beverly Hills Husband Filed Bankruptcy

18 Oct

<!–

–>

And so it begins.  Taylor Armstrong finds herself the first victim of the ‘Housewives Curse’ as a new report by TMZ reveals her husband, Russell Armstrong, filed for bankruptcy in 2005.

According to TMZ, the husband of the Real Housewives of Beverly Hills star, who can also be seen on the show looking totally disinterested in his wife, filed for Chapter 7 bankruptcy back in October 2005.

Russell, who is an investor, said in court documents that he had less than $50,000 in assets with his debt being somewhere between the 1 to 10 million range.

As for the reason for the bankruptcy filing, Russell revealed he earned a ton of money during the 1990′s “dot.com boom” but apparently took a huge financial hit when everything crashed.  Things also went from bad to worse following 9/11, an IRS dispute, and a “costly” palimony lawsuit filed by a former fianceé.

Russell and Taylor have been married for 7 years.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: