Posted on 06/05/2010 10:29:07 AM PDT by tlb
She has a gaudy new mansion, pricey breast implants and spends thousands of dollars on shopping sprees for her spoiled brats -- but a New Jersey reality star and her goombah hubby are real-life deadbeats who owe $11 million, court records show.
Free-spending "Real Housewives of New Jersey" diva Teresa Giudice and her husband, Joe, make just $79,000 a year and are up to their tanned necks in liens, foreclosures and unpaid bills, according to bankruptcy papers filed in Newark federal court.
The Giudices say they owe creditors $10,853,648.04.
Teresa, known for her lust for designer clothes and expensive bling on the Bravo show, owes nearly $20,000 on credit cards for Bloomingdale's, Nordstrom and Neiman Marcus. In total, the Giudices show $104,000 in debt on at least eight credit cards.
The bank has moved to foreclose on the Giudices' $1.8 million, 10,500-square-foot, eight-bedroom, 5½-bath marble-and-onyx manse in Towaco, NJ, the couple moved into during the first season.
Teresa and Joe defaulted on their $1,280-a-month payment for the family's ubiquitous black Cadillac Escalade. They also didn't have insurance on the massive SUV, according to GMAC.
Teresa -- who this season told Joe to get a vasectomy -- owes $12,000 to a Garden State fertility clinic.
In court papers, Joe, who owns a stucco and stone company, lists his monthly income as $3,250; Teresa pulls down $3,333 a month for her Bravo gig. The couple gets another $10,000 in "monthly assistance from family members."
(Excerpt) Read more at nypost.com ...
I’ve never seen it, so I couldn’t say.
Well as they say, you don’t have to smell s—t to know that it stinks.
Sleazy LIBERAL, hypocritical PIGS!
They certainly have the credentials HE LOOKS FOR!
welcome back to the real world wannabe’s.
Depends on which ‘family’ is being referred to. It is Jersey..
Just make sure they are tax dodgers and give 'em Timmy's office.
She has man hands. yuk!
They must have lied to family members about their incomes just as they lied to the banks. They both belong in jail.
I watched this show once just to know what it was like, because of the media hype. I felt dirty after. It is basically a show about unpleasant and deficient people and their dysfunctional relationships.
I think Teresa is the one who upended the table on her guests after a nasty verbal altercation. The conversation was raunchy and nasty.
The principles spend the show talking about how classy they are when they have less class than most people I know down here in FL who live in trailer parks.
IMHO people must watch the show so they can feel superior. I grew up being taught the definition of classy is not how much money you waste on your appearence and pleasures.
The lenders should be in adjacent cells for wasting their banks money lending to these deadbeats. How do they get all these mortgages on a house? The idiot lenders don’t do their homework.
Heavens, they look so . . . Jersey. Surprised they didn’t have a gig on The Sopranos.
These c**** are the most vain, ignorant, sluts on earth. I hope she does ten years of hard labor for kiting checks.
I can’t muster a whole lot of sympathy for these creditors. Before extending massive amounts of credit to someone (especially for stuff they obviously don’t really need), it’s a good idea to check their credit history and income. Sounds like most of them just figured that being a regular on a “reality” TV show is such an awesomely wonderful thing that surely it must involve getting paid huge sums, so why bother with all that pesky credit checking stuff.
I’m sure without a doubt they are hiding a large portion their income. But how much can you possibly make.
There are people in jail for stealing a whole lot less.
The article says, “her goombah hubby.”
Isn’t that racist?
How the heck do you get $11 mil in debt on an $80k annual income?
She is on the wrong “reality” show. She needs to be on a beauty makeover show.
“reality star and her goombah hubby are real-life deadbeats who owe $11 million”
About time the Hollywood subprime lending market was shut down.
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