'Real Housewives of New Jersey' star Teresa Giudice and her husband, Joe, boast of having big bucks on the Bravo show, but bankruptcy court records show the pair have nearly $11 million in various debts, the New York Post is reporting.
According to papers filed in Newark federal court, the free-spending Guidice's claim to only make $79,000 a year between the two of them, but are unable to handle the foreclosures and hefty credit card bills.
The court document lists their money woes in detail:
- The bank has moved to foreclose on their $1.8 million home in Towaco, NJ.
- Banks have taken their Jersey Shore house along with another home in Lincoln Park, NJ.
- Teresa owes $12,000 to a fertility clinic.
- They've defaulted on payments for their Escalade.
- Joe personally owes $5 million to former partners of real estate deals.
On 'Housewives,' Giudice once spent $2,000 in a 10-minute shopping spree for her daughters, but in bankruptcy papers she claims to spend just $400 on clothes a month!
Recent episodes of the show have also shown their daughter’s lavish 9th birthday party where their daughter Gia “got an all-terrain vehicle, along with a trip to the spa in a pink stretch limo for her and her friends.”
The court papers list Joe's monthly income at the stucco and stone company he owns at $3,250. Teresa earns $3,333 from Bravo.
Source
'Real Housewives of New Jersey' star Teresa Giudice and her husband, Joe, boast of having big bucks on the Bravo show, but bankruptcy court records show the pair have nearly $11 million in various debts, the New York Post is reporting.
According to papers filed in Newark federal court, the free-spending Guidice's claim to only make $79,000 a year between the two of them, but are unable to handle the foreclosures and hefty credit card bills.
The court document lists their money woes in detail:
- The bank has moved to foreclose on their $1.8 million home in Towaco, NJ.
- Banks have taken their Jersey Shore house along with another home in Lincoln Park, NJ.
- Teresa owes $12,000 to a fertility clinic.
- They've defaulted on payments for their Escalade.
- Joe personally owes $5 million to former partners of real estate deals.
On 'Housewives,' Giudice once spent $2,000 in a 10-minute shopping spree for her daughters, but in bankruptcy papers she claims to spend just $400 on clothes a month!
Recent episodes of the show have also shown their daughter’s lavish 9th birthday party where their daughter Gia “got an all-terrain vehicle, along with a trip to the spa in a pink stretch limo for her and her friends.”
The court papers list Joe's monthly income at the stucco and stone company he owns at $3,250. Teresa earns $3,333 from Bravo.
Source
No comments:
Post a Comment