According to RadarOnline, court documents show the A. Atkins Appraisal Corporation predicted the forced sale value of Teresa and hubby Joe Giudice’s home items to total only $51,160. A very tiny amount compared to her massive debt of $11 million.
The amount is even more surprising considering pretty much everything Teresa owns is being auctioned off, including her bedroom set, refrigerators, gas range, televisions, furniture, a boat, and even the toys belonging to her kids.
The Giudices, who are being accused of perjury for allegedly failing to disclose some of their assets, also had their wedding bands appraised to the amount of $150 for Teresa’s 14 kt. yellow gold band, and $240 for Joe’s 14 kt. white gold wedding band.
Evidently, the Giudices want the world to believe that while they squandered millions of dollars, and racked up $11 million in debt living beyond their means, they somehow forgot to upgrade their wedding bands. It’s a wonder these two geniuses are being accused of concealing assets.
Despite having their lawyer file an objection, the auction is still set for August 22.