Sunday, August 15, 2010

Teresa Giudice May Fetch $51,000 In Bankruptcy Auction


NJ.com:
The fate of “The Real Housewives of New Jersey” star Teresa Giudice’s belongings will be decided Monday morning in U.S. Bankruptcy Court in Newark.


After Giudice and her husband Joe filed for bankruptcy in October, the pair planned to auction of their possessions in their $5 million Towaco mansion to help pay their $10.85 million debt. The contents of their home were expected to be auctioned for $51,000 on Aug. 22.


An attorney for the Giudice’s counters said a number of the items should not be sold, including children’s toys, beds and other antique accessories. The hearing will decide which items can and can not be sold but the Giudices in order to clear their debt.


Giudice cited the poor economy as a reason for her bankruptcy, but as portrayed on the television series Giudice spends her money lavishly on clothes for her children – such as spending $1,965.80 on clothes for her daughters at Franklin Lakes boutique. 
Damn, I thought she'd fetch way more that just $51G.

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