Lynne Curtin of the Real Housewives of Orange County and her husband Frank might have to declare bankruptcy.
The couple has dealt with several financial hardships in the past year, which included some very public evictions, and a million dollar lawsuit judgement against the couple.
The OC Register reports the couple was recently in court so that a real estate investor who won a $1.26 million judgment against them could check out their assets. “Everyone thinks because of the show we’re gazillionaires,” Lynne said after coming out of the court.
“When the economy turned we lost all of our money in real estate investments. We’ve been trying to get back on our feet ever since then,” added Frank Curtin.
Lynne and Frank appeared in court on Wednesday under the threat of arrest. As we previously reported, a Superior Court Judge issued a bench arrest warrant for the couple when they failed to attend a hearing in the case last month. The bench warrant was however set aside as the Judge gave them a chance to show up yesterday.
The $1.26 mil judgment was for a real estate investor who said he wasn’t paid after lending the Curtins money for projects that didn’t pan out.
Franklin Casco Jr., the attorney for the Curtins said they would try to resolve the case “informally,” but maintained filing for bankruptcy is an option they are considering.
