Exactly two years after filing bankruptcy in 2009, to the tune of $11 million in debt, Joe Giudicewithdrew his bankruptcy filing on Monday in a New Jersey court.
The NJ Star-Ledger was the first to break the shocking news regarding the Real Housewives of New Jerseystar. So why did Joe abandon his bankruptcy bid? Well it all has to do with the accusations levied against him and his wife Teresa Giudiceby their bankruptcy trustee John Sywilok.
About a year after they initially filed, the trustee accused them of hiding assets, and concealing income amongst other things. The Giudices were accused of concealing assets including three vehicles, a boat, properties in Hillside, the family pizzeria, a laundromat and apartments. Teresa was also accused of hiding income including a $250,000 advance she received for her bestselling book “Skinny Italian.”
While in court, Joe abandoned his quest to have his millions of dollars in debts forgiven in federal bankruptcy court. The Ledger reports the change of heart came after he invoked his Fifth Amendment rights against self-incrimination during questioning by the trustee for his creditors about assets, income and business interests he is accused of hiding from the court.
The judge signed off on the settlement between Joe and the trustee. The court order reads, “The defendant Giuseppe Giudice acknowledges his desire to resolve the matter without the need for further inquiry or litigation, and without making any further admissions.”
However, the agreement signed by Joe does not apply to Teresa. Though it’s likely Teresa, who has been raking in the dough since filing bankruptcy, will end up dong the same.
So why did Joe make this decision? More than likely to avoid future criminal prosecution. Joe and Teresa were scheduled to face trial over the bankruptcy fraud leveled against them. If they had been found to be in the wrong during that trial, the next steps would have been a criminal case.
“They are really cracking down on bankruptcy fraud,” said bankruptcy lawyer Leonard C. Walczyk. “It is a real hot issue.”
So to sum this up, Joe is now responsible for millions of dollars of debt while Teresa’s bankruptcy case is still working its way through the court system. The trustee is still opposing her discharge of debt. A bankruptcy lawyer reveals Joe would still be responsible for their joint debts even if a judge absolves Teresa’s liability.
As stated, it’s likely Teresa will end up following in Joe’s footsteps, you know, if she wants to avoid criminal prosecution and/or prison.
Photo credit: Steven White / Splash News
TELL US – THOUGHTS ON THE LATEST? SURPRISED BY THIS MOVE BY JOE?
Kate Gosselin is grasping at purse strings – literally – to keep herself on television. Her newest scheme to get the viewing public to extend her 15 minutes is to cry about how much she needs the money and TV is the only possible way to support her children in the lifestyle she they have become accustomed to!
Last night was the final episode of Kate Plus 8, so expect Kate to be all over the media pedalling her story to anyone willing to listen in the hopes of procuring a TV gig! The wannabe C-List celebrity says she is concerned about her children, as supposedly upon being told TLC canceled the show “Their first comment was, ‘No more fun trips?’” Kate says. “For them, no more job for Mom means no more trips, no more fun.”
“I read what we apparently make and it’s hysterical,” Kate tells The Huffington Post. “That would be a dream come true times two million. So it’s certainly way less than people think. We are not set for life. You know I need to work as soon as possible — as in yesterday.” Kate continues, explaining: “[I've saved] for a little while. People think we made gazillions of dollars, and we didn’t.”
While Kate insists that she’s “saved,” it sounds like her definition of saving is the same one used by RHONJ’s Teresa Giudice, because a quick peek at her reported yearly expenses (not including gym and tanning!) is not painting the picture of a hard-working mom just trying to provide for her family! Let’s have a look, shall we?
Staff: Kate employs two housekeepers, two full-time nannies, a personal assistant, and a bodyguard! Well, he’s “technically” a bodyguard… The total bill for her hired help? $500,000 per year!
Hair: Kate gets her hair cut, colored, and styled by celebrity hairstylist Ted Gibson (and a quick look at his celebrity client roster leaves me wondering why he bothers with Kate), who also stars on What Not To Wear. Allegedly Kate spent $2,000 on one trip to the stylist’s NYC salon! Now times that by how many trips she makes per year!
Home: Kate owns a massive 6,000 square foot, five-bedroom, 1.3 million estate in Wernersville, PA which sits on 24 acres!
School: To put 8 children through private school at $5,000 per month, the yearly tab totals: $500,000!
Shopping: Apparently, Ms. Gosselin who is often photographed with a slew of shopping bags, is quite the shopaholic. And while TLC often picked up the tab for her fashion binges during filming, now she may have to *gasp* stop buying countless inappropriate halter tops and shortie-shorts.
Kate describes herself as a “worker,” recalling that she went back to work when her children were 15-months-old. And singing a very different tune from last week, when she called average jobs like nursing “mediocre,” she now begrudgingly states she’d go back to nursing: “If nothing comes up, I’ll do it. But the scary reality is, 12-hour nursing shifts every day wouldn’t let me continue to provide well for me eight kids.” Well, given how much she is spending on hair, I doubt nursing is going to let her provide for herself – let alone her children!
Kate is also adamant that she won’t be changing her childrens’ lifestyle, as she informed us last night, during the show’s final episode. “I refuse to pull them out of their house. I refuse to pull them out of their school, so I better figure something out to keep them there.”
Kate insists she’s not “bitter” that TLC pulled the plug, even though she would like to finish one (or 10) more seasons. “I like to finish things until they are done but they make their decisions for their reasons and I will move onto bigger and better things,” she explains. “I have a lot of stuff I could be bitter about but I don’t waste time.”
Thoughts on Kate’s expenses and her desperate measures to stay in the public eye? Did you watch the final episode?
“No matter what anyone tells you of course we all wanted to be asked back,”one of the relieved ladies, who wishes to remain anonymous, remarked. “It’s never nice to get fired no matter what job you do. But to be strung along by your boss week after week, pretending the decision had not yet been finalized is just wrong,” she said in response to reports that Bravo execs were placing phone calls to Jill and Alex up until the final moments. Andy Cohen also called the ladies over the weekend, trying to distance himself from the final decision.
And days following the news, Andy finally responded to the controversy via his Bravo blog, stating: “By now you’ve heard the news about cast changes in the RHONY. This was a very tough decision, made with much care and discussion,” he wrote. Then giving props to the people that pay the bills – US – he explained: “In the end we listened to the fans, who expressed a desire for new stories and a major change in a direction.”
While that was as far as Cohen would go in describing the decision to fire certain ladies, it’s rumored that a certain red-headed diva’s demands for a pay raise and filming stipulations were the reason she got the axe! Oh, and that her hubby was completely ovah being apart of the show! And speaking of Jill, she seems to be taking the news in stride – at least publicly!
Writing in her newsletter, which was sent out to fans yesterday (yes, she has some and yes, I get it – for work purposes, of course) she remained aloof, commenting: “There is a lot I want to say and share but I just can’t today.” And after advertising an upcoming appearance, she continues: “Ihope those of you in NYC will come and at that time I will be prepared to share what happened and what my future holds. I can’t thank you enough for all of the emails, tweets, facebook comments, letters and even gifts that you have sent to me. I read everything and although I may not be able to respond to everyone, I want you to know I have been brought to tears by all of the love you have sent to me. I don’t want you to worry though…when one door closes….many doors open.”
And according to reports, Jill is somewhat relieved the show has come to an end: “Jill is done with them and ready to move on,” according to a “source.” “If she’s not good enough to return to ‘Housewives’ she has no interest in making returning guest spots or making a surprise secret appearance in the middle of the Housewife season.” Well only time will tell if the seemingly spot-light obsessed, Zarin, makes good on that promise! Jill also revealed that she will no longer be participating in Bravo’s Housewives Tour.
While Jill seems to have many, um… exciting up-coming ventures and is ready to move forward; poor little Alex is absolutely devastated to lose her day job! Friends of the McCords commented that Silex is ”destroyed by the decision and will do whatever she can to make it right,” and “would be happy to continuing working with Bravo in a new capacity.” A source defending the duo lamented: “Alex and Simon have given their lives to making this show a hit and this is how they are thanked. Not fair.” Well perhaps the reason they were fired is that they have no life outside of the show and their storyline became boring, stale, and pathetic!
After tweeting a Twitter campaign to keep them on the show, citing fan support, Alex and Simon formally released their own statement in an US Weekly exclusive confirming that they are disappointed by the news: “After four seasons on Real Housewives of New York City, Simon and I are moving on. It’s a completely friendly departure and while it was their decision and not ours, we are in close communication with both Bravo and the production company about our next move, in addition to fielding outside offers.”
The fame-grasping duo continues: “It was bittersweet to finally get the call last Saturday but we knew it was on the cards. It’s been a bumpy ride; sometimes great and sometimes not, but it’s been an experience that I don’t regret having done.” If you are an Alex fan, don’t fret they will still be working with Aluxe Home hawking bedding!
As for Kelly, the resident crazy, she has let to comment at all or release any statements, she has been tweeting about health and hotness though, so at least we know she’s still kra-kra!
Finally, The new queen bee of RHONY (and the woman many fans are anticipating as being Bravo’s next target for the psychotic b!*ch edit), Ramona Singer, who likely knew who was getting the axe at the time the interview was conducted, recently spoke with fellow anti-Zarinette Lynn Hudson, and the ladies (and I use that term veeerrryyy loosely) teamed up to talk about, well, what else but the recently relieved of her duties, Jill Zarin!
In the interview, Pinot Singer reveals that she is “true friends” with Alex and Sonja Morgan “off-camera”, so she must have fought really, really hard to convince Andy to keep Alex in the line-up, right? And while her relationships with Alex and Sonja may be legit, her relationship with Jill is pretty much quits.
“I tried very hard with Jill, but Jill is her own worst enemy, something I have told her many times,” she comments of her former co-star and frienemmy. “This past season the raw emotion between us was very real and the damage that was done was irreversible. Jill is an unhappy person, and clearly having a loving husband, fame and fortune doesn’t necessarily make you happy.”
Speaking about the almost completely forgotten Cindy, Ramona describes her as bad TV: “I enjoyed her one-on-one having dinner and things but she just wasn’t right for the show, some people just don’t do well in front of the cameras.”
Well, we will be looking forward to the upcoming season of fresh, new, Zarin-less drama; and at least we still have LuAnn’s one-liners to infuriate us!
Photo by: Adriana M. Barraza / WENN.com
Thoughts on the statements released by the ladies and by Senor Cohen? Do you believe Jill is actually glad to be done with the show? Do you believe this is the last time we will see her on Bravo? Are you excited about Season 5 of RHONY?
On last night’s episode of Basketball Wives LA, it was the wedding of the year for Jackie and Doug Christie. Literally, as they marry every. flipping. year. Gloria’s players get waxed on the court, while Draya just gets waxed, and Imani forges a friendship with Malaysia.
Laura Govan and Jackie Christie meet for an afternoon cocktail, because that seems to be the staple gathering for the L.A. wives/pseudo-wives/girlfriends/exes. Jackie admits to Laura that in addition to the fifteen (with one to grow on) weddings she’s had with Doug, she was married three times prior to him. Jackie wants Laura’s self-confidence to grow after her recent split, and she hopes telling her of the three men who walked down the aisle before Doug’s fifteen times will help Laura realize that the right man is out there for her.
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The latest with the former Real Housewives of DC stars is the revelation of their prenup. TMZ, who seems to have Tareq on speed dial or is it the other way around? obtained a copy of the prenup which pretty much reveals Michaele is screwed.
According to the prenuptial agreement, if Michaele commits adultery, she automatically loses her right to any money or other property they accumulated during their 8-year marriage. Even worse for Michaele, she’s also forfeited her right to spousal support by moving out of the home they shared. But then again, is Tareq really worth anything these days?
Meanwhile, days after Michaele ran off with Journey guitarist Neal Schon, Tareq revealed the dog he once shared with Michaele has passed away.
According to Tareq, the Doberman Pinscher died of a broken heart. Yes you read that right. The dog was apparently so depressed that he couldn’t get out of bed after Michaele abandoned him. The dog passed away on Sunday.
The dog reportedly suffered a heart attack several weeks ago, and had been on meds ever since. Tareq of course is hysterical and blames Michaele whom he recently referred to as a “groupie slut” in a recent interview.
TMZ also managed to obtain some home videos which shows Michaele laying in bed with the dog just days before she disappeared. I can’t help but wonder whether or not this whole public debacle might be leading to a vomit-inducing sex tape.
And finally, Neal’s wife Ava Fabian who married Neal just two months ago is now speaking out about the affair. Ava, a 1986 Playboy Playmate, reveals she is absolutely devastated over the affair.
Ava, who says she was with Neal right before he went on tour, tells TMZ, “This is very painful for me. I’m very hurt.” TMZ adds that Ava and Neal tied the knot in Paris just this past July. Ava however makes it clear she has no plans of taking Neal back.
Photos of Ava below as well as a photo of Michaele on stage with Journey during a recent performance.
Over the weekend, Gary, 25, revealed he was once again done with Amber, 21, while also accusing her of cheating on him. Gary’s announcement was a bit surprising as the current issue of Star magazine reports he recently got a huge tattoo of Amber’s name tatted on him.
Star reports that while partying in Nashville on Sep. 3, Gary decided to visit a tattoo parlor to get Amber’s name tattooed on his right shoulder.
According to the local tattoo artist, Chris Collins, “Gary said, ‘Amber doesn’t know I’m down here, and I want it to be a surprise.’” Chris adds, “He told me, ‘We’ve been through a lot together, but at the end of the day, I still love her.’”
Well something’s changed since that faithful day as Gary took to his twitter page over the weekend to slam Amber. He tweeted on Saturday, “I’m completely through w amber No more back n fourth shit. I got my precious baby u got your precious anderson men hope your sins r worth it.”
Yikes! He added minutes later, “Moving on I’m bout to kick it with honors with my last night til I get Leah back from grandmas. Thank u mom for everything.” And the very next day, he made sure to tweet about a date: “I got a date tonight. With a girl in Indy… Where to take her?”
Gary also added on Sunday, “Hard to turn u away today, heading u cry was hard but your actions were terrible and this time there was no reason for what u did. No love.”
All interesting but knowing these two, it’s only a matter of time until they are back together a la Ronnie and Sammi from the Jersey Shore. A new episode of Teen Mom airs tonight on MTV at 10/9c.
A bigger image of Gary’s mistake tattoo is below -
TELL US – THOUGHTS ON GARY’S AMBER TATTOO AND HIS TWEETS?
There were some surprises and a few let downs when it came to this new group of 12 celebrities. We’ll start off with the show’s most controversial contestant ever Chaz Bono, who has been receiving some backlash due to the fact that he is transgendered.
So how did Chaz, 42, measure up? Not too shabby. Chaz alongside his partner Lacey Schwimmer, gave a pretty memorable first performance which garnered him 17 points for his cheeky and fun cha cha. “Chazzy Boy, you can dance!” said judge Carrie Ann Inaba. Bruno Tonioli added, “So cuddly and cute. Great, great debut, Chaz. You should be proud.”
The best performers of the night were Chynna Phillips, and war veteran turned soap star J.R. Martinez. Chynna sizzled with her graceful waltz, earning her the highest score of the night – 22 points. “You looked like you stepped out of a dream and into my heart,” said Bruno. J.R. tied with Chynna for the high score with his impressive Viennese waltz.
In the middle of the pack were reality stars Kristin Cavallariand Rob Kardashian. Kristin fared a bit better than Rob, receiving a decent score of 19 points for her feisty cha-cha with partner Mark Ballas. Kristin definitely showed some promise with her fiery stage presence! With his famous sisters in the audience cheering him on, Rob failed to impress as he received a score of 16 for his waltz with Cheryl Burke. “I’m not impressed, but I’m not depressed,” said judge Len Goodman.
This season’s Kate GosselinNancy Grace also had a so-so debut as the 51-year-old news anchor received 16 points for her sassy cha-cha with newcomer Tristan MacManus. “You got the moves, but you don’t seem to believe in yourself,” said Len.
Below are the full scores from last night -
Chynna Phillips & Tony Dovolani – 22
J.R. Martinez & Karina Smirnoff – 22
Hope Solo & Maksim Chmerkovskiy – 21
Ricki Lake & Derek Hough – 20
Kristin Cavallari & Mark Ballas – 19
David Arquette & Kym Johnson – 18
Carson Kressly & Anna Trebunskaya – 17
Chaz Bono & Lacey Schwimmer – 17
Nancy Grace & Tristan MacManus – 16
Rob Kardashian & Cheryl Burke – 16
Elisabetta Canalis & Val Chmerkovskiy – 15
Ron Artest & Petra Murgatroyd – 14
The show returns tonight at 8/c with the first results show of the season, during which one “star” will be voted off.
TELL US – THOUGHTS ON DWTS’ SEASON PREMIERE? WHO ARE YOU FAVS AND LEAST FAVS?
In the never-ending saga that is the Real Housewives of New Jersey, the gang heads to Punta Cana and it’s more of the same: drunken antics, terrible trashy clothing, and bickering. To borrow a phrase from the one, the only Juicy: “Shut UP!”
Preparing for a luxurious 5-day kid-free stay in Punta Cana on Bravo’s dime, at The Gorga Marble Compound, Joe, after stuffing his children in a suitcase, begins personally inspecting all Melissa’s stripper bikinis by sniffing the crotch. In front of his mother-in-law and his children he is sniffing the crotch of his wife’s bathing suit while she dangles another hoochie mama confection in front of his face.
At the Giudice marble mansion, Teresa has raided the Victoria’s Secret Swimsuit Catalog from 1993 and is packing every sequined string bikini in the land. Melania takes this opportunity to assault and batter both her sisters. Um… where is Gabriella? Was she taken away by family services or something – I haven’t seen her all season. Maybe she’s already too embarrassed to be participating in this show. Joe promises to try and have a good time – Gia echos what we’re all thinking when she gives him a disbelieving look.
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