Saturday, June 5, 2010

Teresa Giudice In Debt For $11M


She has a gaudy new mansion, pricey breast implants and spends thousands of dollars on shopping sprees for her spoiled brats -- but a New Jersey reality star and her goombah hubby are real-life deadbeats who owe $11 million, court records show. 

Free-spending "Real Housewives of New Jersey" diva Teresa Giudice and her husband, Joe, make just $79,000 a year and are up to their tanned necks in liens, foreclosures and unpaid bills, according to bankruptcy papers filed in Newark federal court. 

The Giudices say they owe creditors $10,853,648.04. 

Teresa, known for her lust for designer clothes and expensive bling on the Bravo show, owes nearly $20,000 on credit cards for Bloomingdale's, Nordstrom and Neiman Marcus. In total, the Giudices show $104,000 in debt on at least eight credit cards. 

The bank has moved to foreclose on the Giudices' $1.8 million, 10,500-square-foot, eight-bedroom, 5½-bath marble-and-onyx manse in Towaco, NJ, the couple moved into during the first season. 

Teresa and Joe defaulted on their $1,280-a-month payment for the family's ubiquitous black Cadillac Escalade. They also didn't have insurance on the massive SUV, according to GMAC.
Teresa -- who this season told Joe to get a vasectomy -- owes $12,000 to a Garden State fertility clinic.
Wow. I never paid too much attention to Teresa's spending habits, just figured Joe must be doing something right to keep up with living the high life. But damn this sounds really bad (of course, Danielle's just gotta be loving this news). Guess Teresa better get started on another "Skinny Italian" book and quit spoiling those kids.

7 comments:

  1. so true! This women has (from the start) judged everyone and here she is....a big fat fake of a person!!! SHAME ON YOUR TERESA! All those people you left holding the bag while you continue to spend spend spend. You don't think they have families to feed, homes to pay for, etc. Just so you can pretend to be someone your not. In my opinion, you just as bad as Danielle. Karma is a bitch! I can't stand the way you act. Your kids behave aweful...wretching a store and just walk away. Gia, in my opinion, has no talent. She got the gig because of the show and everyone knews it. Get your own house in order before you bash other people.

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  2. wow i always saw with open mouth what a life but never realize that it is all steeling in the name of bankruptcy
    What you will do now?
    you have no commonsense.

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  3. I AGREE ALL LIES..N HER KID IS A BRAT N HAS NOO TALENT I THOUGHT THE SAME THING SHE GOT IT BECAUSE OF RHONJ..ONE FOR TEAM DANIEL

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  4. NOTHING BUT A FRAUD,SHOWOFF

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  5. 11$MILLION IN DEBT!!!seriously,,,how could you not know? Or did you know this was going on and chose to do nothing about it? Unreal! Very irresponsible. I guess now you're starting to realize...money doesn't grow on trees...so, get a job!you're not too pretty to work!

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  6. Haha wtf team danielle?! Seriously?! That woman is a crazy selfish old hag that craves attention. O team danielle.. Great person to support and look up to. Its just great to see where the world has come. Beautiful. Looking up to psychotics prostitutes. Wtf. Stupid i swear!

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    Enjoy!!! She pretty sexy...

    ReplyDelete