'Real Housewives of New Jersey' star Teresa Giudice and her husband, Joe, may boast of having big bucks on the Bravo hit, 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.





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THIS SHOW NEW JERSEY HOUSEWIVES IS WEIRD AND SHOULD BE TAKEN OFF THE AIR. THE FIGHTING BETWEEN THEM IS SCAREY AND THE LIES THEY LIVE IS CERTAINLY NOT AN EXAMPLE OF PUTING A REAL SHOW ON THE AIR. i SAW PULL IT AND LET THE NEW JERSEY HOUSWIVES BE REMEMBERED FOR WHAT THEY ARE TRASH TRASH TRASH
Reply
get a life your mother is trahs
rthe girls are not trash, and i resent the implication, as i'm a jersey girl too.yes we like big-hair,have big mouth's and tudes like you wouldn't believe. the one thing we hate the most though, is haters amd baby, that's what you are!!!!
This ECONOMY has proven AGAIN that the HIGH POST IMAGE MEANS NOTHING AND DOES NOT MEAN THAT YOU HAVE MONEY.
I AGREE
look here's the deal i live around where the show is filmed. To rest of the country it's a sham... Teresa lives in towaco which is not that nice,the show in the first season has you believing it's franklin lakes which it's not...second the brownstone which um i can't rember her name say's it's so big and beautiful.
it's in paterson nj which is basically the projects...
i've been there, i could have used a bodyguard to get to my car...
im still going to watch to see what happens
c
just something to consider
i say ,let her put on her 500.000 shoes and walk the streets like the other women of the night do!
I agree mr.taylor
I find all the women on there trashy and disguising. Exspecially Teresa, her and her whole family are ignorant. She claims she's a college grad,, but her vocabulary is very limited. She's getting what she deserve!!!!!!
To Chris - I live in Towaco and it IS NICE!!! Very nice actually!
Teresa used to live in Franklin Lakes but moved to Towaco - she never
made a secret about that so no one is trying to make her house look
like it's in Franklin Lakes. Also the Brownstone is kind of on the border of
Wayne and Paterson. You don't need a bodyguard to get to your car.
I've been there and I'm not one to take risks but the Brownstone is
pretty safe and besides they hold a lot of police functions there so
it's doubtful that the criminals are waiting outside.
So learn your facts and learn to spell.
Boo Hoo...It's hard to feel sorry for these blow hogs when hard working people are suffering everyday...especially the unemployed and the fisherman affected by the oil spill!
meant to say THE LIVES THEY LIVE AND THE LIES THEY TELL.. THIS SHOW IS GETTING WEIRD NOW WITH THE GANGSTERS NOW ...HOW CAN YOU ENJOY THIS SHOW WHEN IT IS SUPPOSE TO BE FOR REAL.. THE WOMEN ARE TRASH AND NOT ALL WOMEN FROM NEW JERSEY ARE TRASH I HAVE FAMILY THAT LIVE THERE IN OLD ENGLISH TOWN....BUT THESE WOMEN ARE A POOR EXAMPLE OF NEW JERSEY WOMEN AND THEY ARE TRASH EXCEPT FOR THE ONE WHO JUST HAD THE BABY BOY AND WHO'S DAUGHTER LEFT HOME. SHE SEEMS PRETTY DESCENT. ANYWAY I HAVE ONLY SEEN THE SHOW TWICE AND WON'T BE SEEING IT AGAIN.
I agree !!!!!!!!!!!!
I also think the Jersey housewives should be taken off the air. Ienjoy the other housewives very much., but not this one. Iam also a loyal fan of the others
They need too show about the realhouse wives how they act in real life adn how your suppose to treat people don't be jealous of anyone, Treat someone like there suppose too be treated. Ya'll are drama cause you got too be center of attention. It's isn't all about you. One owes the irs so much money. Lies cheat stab people in the back. that is what New Jersey Housewifes is about. you did this for money.
LOL!!!!!! MAYBE SHE WILL GET A REAL JOB!!!! KFC WOULD BE PERFECT FOR THAT WASTE PRODUCT!!!!
Reply
Don't dis KFC!
Theresa lives in the fantazy world, but its interesting to watch. I think Bravo should make a reality show about unemployed people, laid-off and looking for jobs, that are very hard to find today.
I wonder who approved their credit rating so they could get all the stuff they now owe on?
Reply
Obama, Pelosi, and Reid, and Barney Frank, of course
the gambinos !