Bankrupt 'Housewife' Teresa Giudice Goes on $60K Shopping Spree

By PopEater Staff Posted Aug 17th 2010 09:40AM

Bankruptcy court records show 'Real Housewives of New Jersey' star Teresa Giudice and her husband Joe owe creditors nearly $11 million in various debts, but new evidence proves the couple went on a $60,000 shopping spree not long after they filed for bankruptcy, NY Post reports. New court records claim the pair spent $8,800 on curtains and nearly $45,000 on wall hangings, mirrors, frames, tables, urns and chairs.The evidence came to light after the couple tried to convince a Newark federal bankruptcy judge to stop the planned Aug. 22 auction of their personal belongings.

Judge Morris Stern refused to stop the auction, but postponed it until Oct. 3.

"These were not Ikea-purchased furniture items," Stern said. "These were from high-end design stores."

In papers filed in Newark Federal Court, the Guidices claim to only make $79,000 a year, and 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.

Tags: real housewives of new jersey, Teresa Giudice

Comments

(153)

Tuesday 17 August

By karsim123

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My, my, do you suppose this broad can spell stupid?

By Liz

No, she can't. This is the woman who thought Vesuvius erupted 60 years ago. It is too bad that she is breeding.

Wednesday 18 August

By vdog

She's MENTALLY ILL. OFFICIALLY.

By Jenna

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Mt Vesuvius erupted in 1944, which is ~60 years ago.

By Lucas

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By Laura

No, she don't know how to spell stupid, but she surely can act it.

By lauren

The judge isn't going to tell people how to spend their money? Uh, they are filing for bankruptcy, they DON'T HAVE ANY MONEY. Is everyone in the US an idiot? WTF.

By J.Weimann

I love watching these reality show loser's go down!!!

By dave

so what does that say about you?

By JR

Teresa doesn't realize that she can't be spending this money because she doesn't have it.Poor family. Best wishes.

By fiona

A trash bag with a big pink bow on it is still trash.

Thursday 19 August

By janet47

I turned off "REAL HOUSEWIVES" LAST NIGHT. This is the first time I as so bored out of my mind. They are the most boring group of people. We don't care about their vacation, spoiled, bratty kids, or the trip to Italy. They have nothing interesting to say.

I really like Caroline and her hubby, but none of them should have a reality show. They are not entertaining, funny, or remotely interesting.

TIME TO GO HOUSEWIVES, YOUR 15 MINUTES ARE OVER

Wednesday 25 August

By Deigon

I couldn't have said it better..... I to think Caroline is the only good one of these group of people. I caught the show once, out of sheer boredom. I was astonished by the conduct of these people.

By linda

HARD TIMES HAVE HIT EVERYONE !!!! IT DOES NOT MATTER HOW RICH OR HOW POOR YOU ARE. THINGS HAPPEN !!! TERESA WILL BOUNCE BACK SHE IS A FIESTY ONE !!!!!! :) :)

By Tex

She'll only bounce back if she falls forward and those implants hit the ground first...

By c-mama

the only things "bouncing" are her checks...people need to stop living beyond their means.

By Sheila

This isn't about hard times!! Trying to keep a roof over your head and feeding a family is! It's more about greed and selfishness! T he only thing bouncing back are their worthless checks!!!

By kia

Teresa is TRASH as is her ugly troll like daughters, spoiled & bratty little ugly troll bwitches.

By TXDoula

Teresa and Joe are fine examples of folks taking advantage of the bankruptcy system. You incurred the debts, pay them. Your daughters are already spoiled rotten, now how about you pay those people you owe so they can spoil their children with things like food.

By RAS

This is blatant fraud and these dirtbags need to be jailed..It is stealing.

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