“The Real Housewives of Atlanta” star Cynthia Bailey may have been working hard on her modeling agency in Atlanta, but she has learned that her husband has been keeping a big secret from her; her business is on the verge of bankruptcy. And given their financial past, she was shocked. According to a new Radar Online report published on Nov. 2, “The Real Housewives of Atlanta” star Cynthia Bailey is now revealing that she was completely shocked that her husband was going into financial ruin once again.
“When Peter told me about the issues we were having at Bar One, I immediately felt deja vu: ‘Here we go. We’re back to Uptown,’” Cynthia told her website in a new interview. “Financial issues are just huge in a new marriage. We were struggling even to get married and then once I finally feel like I’m seeing the light at the end of the tunnel, I got hit with the bomb.” Of course, she claimed that she had no money invested in the business when he bought the place, but perhaps things have changed.
“That was devastating because I’m not comfortable when things are going crazy,” she admitted. “I like to have a plan and I like the plan to work. I don’t want to do all those steps and then it just backfires and we’re back to square one.” And it sounds like the problems have not been fixed yet, as they are still dealing with the financial issues months later. “It’s still something we’re dealing with,” Cynthia revealed. “It’s not rectified even right now.”
She admits that she wants to buy the property where Bar One is located so they won’t owe money to the landlord. “We’re taking steps to try to buy the property,” Cynthia explained. “We were comfortable renting it and it’s a whole other set of things that come with buying, so that’s where we are and I’m just hoping it works out.” What is the most shocking is that she is sticking by him through it all again.
What do you think of the revelation that they are in financial trouble?