Teresa Giudice's Bankruptcy Auction: What's for Sale

If you want a piece of 'The Real Housewives of New Jersey,' you're in luck!
Teresa Giudice and her husband, who had filed for bankruptcy last October, are planning to sell their personal belongings in a public auction August 22. According to bankruptcy court records, the pair have nearly $11 million in various debts, the
New York Post reported. In papers filed in Newark Federal Court, the Guidices claim to only make $79,000 a year between the two of them, and are unable to handle the foreclosures and hefty credit card bills.
"It was a different economy back then for all of us. When the economy crashed, like most families, we tightened our belts and changed our lifestyle,"
Giudice told PopEater's Rob Shuter last month.
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.
The
auction Website lists the details about items that will be for sale, which include a grand piano, two flat-screen televisions, sofas, decorative fireplace accessories, a foosball table, a suit of armor and at least three chandeliers. Those items will be going up at auction on Aug. 22 at 12 p.m. at their Towaco, N.J., mansion.
The trustee, John Sywilok, has accused the pair of undervaluing items listed as personal property exempt from the bankruptcy filing, including a pool table ($1000) and even their wedding bands ($400).
On 'Housewives,' Giudice once spent $2,000 in a 10-minute shopping spree, but in bankruptcy papers she claims to spend $400 on clothes a month. The court papers list Joe's monthly income at the stucco and stone company he owes at $3,250. Teresa earns $3,333 from Bravo, and she recently released a cook book, 'Skinny Italian.'
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HAPPY WIFE" HAPPY LIFE HUH JOE?
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If i had to tell a little white lie to keep my stuff hey i'd do it too
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