Taylor Armstrong, who stars in the American reality series "The Real Housewives of Beverly Hills", is in dire straits after her ex-husband Russell Armstrong, 47, was found hanged in a bedroom on Monday evening at a house in Los Angeles.

The shocking news comes as the second season of "The Real Housewives of Beverly Hills" is set to premiere on Sept. 5, 2011. In addition, Armstrong's death came as their own personal turmoil was expected to be a key storyline in the second season of "Real Housewives".

Taylor Armstrong filed for divorce from Russell Armstrong in July and he moved out. His roommate found him hanging on Monday night, according to police reports.

As of August 16, 2011, Bravo decided to wait 24 hours to decide the fate of the show after the death of Russell Armstrong.

A statement released by Taylor Armstrong's publicist said she was "devastated by the tragic events that have unfolded. She requests privacy at this time so that she may comfort her young daughter (Kennedy)."

There were several rumors citing the reasons for Armstrong's death. A section of the rumors say the stress caused by the reality show may have played a role in his death.

Russell and Taylor Armstrong had been featured on Bravo's "The Real Housewives of Beverly Hills" and their relationship woes were documented on the show.

"All of us at Bravo are deeply saddened by this tragic news," a Bravo spokesperson said. "Our sympathy and thoughts are with the Armstrong family at this difficult time."

In addition, Russell Armstrong's lawyer Ronald Richards told TMZ that his client had serious financial problems and was distraught over the breakup of his marriage.

Russell Armstrong was also hit in July by a $1.5 million breach of contract lawsuit, and had huge debt problems, his lawyer said.

"I feel bad because his credit cards weren't working," said Richards. "He had tremendous financial problems."

Meanwhile, the co-stars of "Beverly Hills" took to Twitter to share their empathy towards Taylor Armstrong.

"Thinking of @TaylorArmstrong and Kennedy during this difficult time. I am so sorry for your loss. He was a good man and is in a better place," Kim Richards tweeted.

"My sympathy and condolences go out to Taylor and Kennedy," Taylor's Real Housewives of Beverly Hills co-star Camille Grammer shared via Twitter. "My thoughts and prayers are with them."

"I am so very sad about today's news. My prayers and thoughts are with Taylor Armstrong and her family," Bravo TV executive Andy Cohen said via Twitter.

Other Real Housewives offered their condolences on Twitter as well. "So sorry 2 hear about Russell Armstrong's death. I hope @taylorarmstrong's privacy is respected during this difficult time," Caroline Manzo tweeted.

"I'm very saddened by the news of Russell Armstrong," Peggy Tanous added. "My thoughts and prayers are with Taylor and Kennedy and the family."