Teresa Giudice Allegedly Hid Major Assets in Filing for Bankruptcy

By PopEater Staff Posted Sep 4th 2010 06:12PM

A New Jersey lawyer for the Dept. of Justice handling the case of Teresa and Joe Giudice in federal bankruptcy court has filed a complaint on Thursday objecting to the couple's request for Chapter 7 protection, claiming they intentionally failed to reveal major assets in their original petition. The court documents that appear to have been filed by Roberta A. DeAngelis have surfaced on a 'Housewife' blog. Sources of income alleged to be missing from the bankruptcy filing? The court documents list a $250,000 book advance from Hyperion received by Teresa for her cookbook 'Skinny Italian,' her ownership of an online boutique called TGFabulicious and more.

The complaint mentioning the book advance is pictured below:

Teresa Giudice Court Documents for Bankruptcy

The objection reads: "To date, the Defendants have not filed amended schedules that disclose the existence of the book 'Skinny Italian,' the publishing deal with Hyperion, Defendant wife's ownership of TG Fabulicious, LLC, or Defendant husband's ownership of 1601 Maple Avenue Associates, LLC."

The claim further alleges that the couple were untruthful in previous sworn testimony ("the Defendants have knowingly and fraudulently made false oaths in this case") as the contract with Hyperion was reportedly dated Oct. 22, 2009 -- just prior to the Guidices' petition for bankruptcy protection -- and signed within weeks of filing for Chapter 7. While Teresa has reportedly acknowledged in an April 2010 examination under oath that she received the book advance, her legal team has apparently done little to officially update court records about the newly disclosed assets.

Meanwhile, many of the couple's priciest belongings -- from vehicles to furniture -- were set to be auctioned off this month, but RadarOnline.com reports that lawyers for the couple are now trying to avoid the spectacle of a public auction by arranging for a more private sale.

Tags: real housewives, real housewives of new jersey, Teresa Giudice

Comments

(106)

Monday 06 September

By TigerLily

High Rank Vote down Vote up Report this

Can bravo please just get rid of all of them? Let's just get a whole new cast next season.....it is not fun, nor is it entertaining anymore it's just plain pathetic. I find myself fast fwding thru so much of the show, there's no point in watching anymore. And TG demands more money? - pffft! Puhleeze, does she think she's a movie star or something? Get over yourself T...focus on being a mum, cause those girls are all potential Paris/Lindsey/Britney's in the making!

Tuesday 07 September

By MLR

My question is how is her house not in foreclosure? If that was me I know I would not have a house to live in. Now I hear she is demanding 30K an episode from Bravo. Pa-lease! She should be lucky she is getting any sort of paycheck. I hope Uncle Sam takes EVERYTHING. She went on there and acted high and mighty, this is karma at it's best. I thought Danielle was the bad one, but Caroline and Teresa are just as irritating. Caroline thinks she is the Godfather with her stupid saying. All these ladies are "garbage".

By marty

Vote down Vote up Report this

i agree with everyone theresa is trash and should b thrown off the show the way she acted on the reunion show was out of control i actually felt bad for danielle and i also think she and her ugly husband should be thrown out of their house and you r right about all the bowes in her kids hair good riddens theresa

By Ann

Did anyone wonder the real reason for Joe personally hauling ALL the luggage off the cruise ship? Is it possible he had items he was taking to Italy to hide from the bankruptcy and wanted to make sure that no one looked inside the bags???

By OneMoreInBoston

test

OK-
one more time because this is not posting.

You ripped off another blogger's breaking story.

lynn.chicago.wordpress reported this story on THURSDAY 09/02/10.

You are claiming you broke this story thereby stealing another blogger's intellectual property.

Give Lynn's blog credit where credit is due. She gives you that professional courtesy, why can't you?

Page 6 of 6