'Real Housewives' Taylor Armstrong 'Broke,' Stressed Amid Axing Reports

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REUTERS/Fred ProuserTaylor Armstrong, from the Bravo reality TV series 'The Real Housewives of Beverly Hills', arrives at the unveiling of artist Jack Armstrong's 'Cosmic Starship' Harley-Davidson motorcycle

Taylor Armstrong is reportedly "broke" and subsequently stressed following reports claiming she will soon be fired from hit Bravo TV reality show "Real Housewives of Beverly Hills."

The single mom, 40, was reportedly left drowning in debt after the suicide of her late husband Russell and subsequently she is said to be concerned about her finances after learning that her contract will allegedly not be renewed in season four.

"Unlike the other housewives on the show, Taylor is broke, and [has] most of her money coming from the reality show," a source told RadarOnline.com.

"Her husband, Russell, left her seriously in debt when he committed suicide. Taylor doesn't know what she is going to do for money," the source explained adding "her daughter Kennedy, attends a swanky private school, and she doesn't know how she is going to be able to pay the little girl's tuition bill next year."

Armstrong has endured a series of dramatic events in recent years and while at one point she helped boost ratings for the show, it is now claimed that producers are seeking to replace her.

"Producers are looking at other options. They feel like Taylor's storyline has become too dark and they need to shake things up a bit," a source reportedly told E! News.

Armstrong appears to be in better spirits in the show's current season (3), and she has since found love again with Beverly Hills attorney John Bluher. He is said to be a good source of support for the reality star during her financial woes.

Compounding matters, Taylor has to move, because the house she has been living in, which is a rental, is up for sale," the source revealed.

"[Taylor] is hopeful that she can get an endorsement deal, or even get her own reality show about being a single mom," the source said adding "John has been very supportive of Taylor, and she hopes to land on her feet."