First the banks, then the car companies — now, the ailing economy is catching up with reality stars too, like The Real Housewives Of Orange County‘s Lynne Curtin and her husband Frank, who after a botched real estate deal, might have to declare bankruptcy.
The reality TV couple have been ordered by Riverside County Superior Court to pay real estate investor Mercury Manzano $1.26 million for a deal gone bad. The Curtins, making an appearance in the courthouse for a Wednesday case call, said they are taking a long, hard look at declaring Chapter 11.
Bankruptcy, their attorney Franklin Casco Jr. told the paper, is “an option to consider — they need to talk it over.”
The couple told the paper that their jet-setting image is just for show.
“We are portrayed as being real wealthy,” Frank told the OC Register Wednesday. “It’s a television show. It’s blown out of proportion. The economy took a real beating, and we are still trying to recover from that,” he said.
Lynne said her income from the hit reality franchise “just gets us by.”
“Most people think we get $100,000 an episode,” she said. “That’s not us — I wish it was.”