Teresa Giudice Now Bankrupt?

Posted by pinoytutorial on Jun 7th, 2010 and filed under E-BUZZ articles, Featured. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

Real Housewives of New Jersey star Teresa Giudice is currently a subject of rumors these days. The star was being rumored to have been bankrupt. The New York Post last Saturday had a story headlined “Deadbeat Reality: Spendaholic ‘Housewife’ of NJ’ Owes a Big-Hair-raising $11 M,” which points to Teresa Giudice. The bankruptcy story according to a report is filed because of her husband’s mess.

Teresa Giudice Teresa Giudice Now Bankrupt?

According to bankruptcy papers which was filed in Newark federal court, the bank is looking to foreclose the star’s $1.8-million mansion in Towaco, New Jersey along with her family vacation home at a nearby shore of the said county.

Giudice is a stage mom who had been working hard to get her daughters in modeling gigs and makes $3,333 a month for doing the Bravo reality TV show. She also just recently wrote a book called Skinny Italian.  Although it seems that they are living big on TV, her husband said that they are just spending little amount and that they only have $400 a month to spend on their clothes.

The paper however stated that Giudice have an amount of $11-million in debt and that all her problems might have started from this. At the moment, no complete statement was released by Teresa Giudice or even a confirmation or the truth of the said rumor.

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