"Dance Moms" dance instructor Abby Lee Miller braces herself for the possibility of getting behind bars.

Almost three months since the "Dance Moms" star pleaded guilty to bankruptcy fraud, Miller is readying herself for the possibility of facing up to 10 years imprisonment.

"It's a fact of life, I made mistakes," said Miller during the weekly podcast of "Allegedly" with Theo Von and Matthew Cole Weiss on Monday.

"I thought I was doing the right thing, I thought I had guidance. I thought I was on the up and up, and I wasn't," she added.

The dance instructor said she would have already gone insane because of all the things happening to her, and even admitted that she's scared to death.

"I think if I didn't have a sense of humor and I couldn't crack some jokes now and then I would have already gone insane."

She also described her current situation as "humiliating and embarrassing."

In October 2015, the 49-year-old Miller was accused of illegally trying to conceal a good deal of "Dance Moms" and its spinoff projects' income, amounting to $775,000. Miller initially pleaded not guilty.

Last June, however, she was charged with 20 counts of bankruptcy fraud, hiding assets, and another criminal count involving international monetary information. If proven guilty, Miller could face a maximum of six to 10 years in prison and fines of up to $500,000.

The investigation on the state of Miller's finances started nearly two years ago, after judge Thomas Agresti questioned why the money from the Lifetime reality dance show was not part of the bankruptcy.