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Pete Giudice Bankruptcy


This week (like every other week in reality TV news) has been dominated by Real Housewives of New Jersey. You know how they say NYC is the city that never sleeps, I feel like it’s actually Jersey that never sleeps because the drama just keeps on coming faster than you can say “Joewwww!”

In the latest, Reality Tea’s source gives us exclusive behind the scenes details of Joe Giudice‘s Identity Theft case and reveals why Melissa Gorga‘s and Teresa Giudice‘s Christmas cards look so similar!

Earlier this week we reported that Juicy was indicted on wrongful use of identifying information and impersonation charges and could be facing multiple years in prison for his crimes ! Reality Tea’s source confirms the Giudice family is “not happy” with the verdict and allegedly Joe has claimed to have stolen the documents used to obtain the driver’s license from his brother Pete Giudice!

“I will say Joe is loyal to his family. Pete is the one who gave Joe the documents,” the source shockingly reveals! “But, since that hasn’t been reported I assume Joe is saying he ‘stole’ them from his brother.” This possibly explains why Pete has not been charged with any crimes related to the incident.

Our source also reveals that Pete’s wife, Sheila Giudice, had no idea how the documents ended up in Joe’s hands! “The truth is, his wife Sheila had NO clue Pete gave Joe the documents. The documents were in their safe and only Pete and Sheila have access to it.”

“Sheila was irate when she learned Pete gave Joe the documents. But, since Joe was giving Pete work at the time and still is, Pete is indebted to Joe.” Pete filed for bankruptcy in 2010 and presumably was having financial troubles as the debts listed on their filing were “consumer debts” or personal debts and as opposed to business related debts.

Our source then goes on to describe the animosity between sister-in-laws at war Teresa and Melissa! Apparently, while Christmas is the birthday of Baby Jesus (and that’s what matters most to Melissa #backwardssignofthecross), and should be a time of peace, love, and giving these two ladies just cannot put their differences aside and focus on the bigger picture! And speaking of pictures… here comes Christmas Card-gate!

According to our source, the annual Gorgadice Christmas card feud has been happening for years as Teresa and Melissa battle it out to have the biggest, the best, and most over the top cards of them all! Our source also touches on some of Melissa’s other alleged copy-cat behavior, “Melissa is now putting recipes on her blog?”

“They both used the SAME photographer for their Christmas cards this year,” our source reveals, explaining why the Antonia is wearing the exact same coat that was seen on Gia in a card a few years back! Copies of the cards are below! Teresa posted on her website that she gets her cards from Portrait Artistry by Linda Marie and found her when she was “driving past her studio” and looking for someone to photograph Gia’s birth announcement.

Melissa recently announced on her personal blog that she has also used Linda for years, “I’ve been going to her since Antonia was born! She also did the beautiful family picture you saw us do on season 3 with Joe [Gorga]‘s family!” Right below that Melissa also offers one of her personal recipes.

According to our source, the ladies keep using Linda Marie for competition! Poor Linda Marie! “They both act like they love her [Linda] so much… meanwhile, neither one of them have used her the past few years. Teresa did use her last year for Christmas pics.” Teresa claims to have always used Linda on her website and included a montage of Christmas cards past for us to enjoy.

Our insider continues, “Melissa was going to Photos By Ginny for the past few years but, since she feared Teresa’s cards would be better then hers she went back to Linda.”

“They always hold out and wait until the last minute to mail their cards. As soon as Teresa sends hers out, a day or 2 later here come Melissa’s. This is the 4th year in a row Melissa has done this. Teresa stopped using Linda when Melissa started using her. Melissa tries to act like she always used her in her blog.”

“Melissa has been trying to keep up with Teresa and copying her more and more,” our insider adds. Well hopefully Melissa doesn’t copy her way into bankruptcy!

Christmas Card-gate is apparently just the tip of the iceberg with these two and even more upsetting, according to our source things are so acrimonious between the Gorgas and the Giudices, they will not be spending the holidays together because Teresa’s parents won’t allow it!

“Teresa’s father refuses to be in the same room as the 2 Joe’s. He is afraid of them fighting and can’t handle it in his health condition.”  Ok, that’s when you know you need to stop it, sit down, and work out your differences!

[Photo Credits: WENN.com]

WHAT DO YOU THINK OF THE INFORMATION REVEALED? DO YOU BELIEVE JOE WAS RIGHT TO ALLEGEDLY CLAIM TO HAVE STOLEN THE DOCUMENTS TO PROTECT HIS BROTHER?  WHAT ARE YOUR THOUGHTS ON CHRISTMAS CARD-GATE?

CLICK THE CONTINUE READING BUTTON TO SEE ALL THE PHOTOS!

Despite a report that came out weeks ago stating that Teresa Giudice was done with the Real Housewives of New Jersey because she felt she was treated unfairly by the show, a new TMZ report today is stating that Teresa wants to return to the show, but only if the money is right.

According to TMZ, Teresa is on the verge of getting the axed from the show due to her money demands holding up contract negotiations, and Bravo is reportedly losing patience.

Sources close to Teresa are however firing back, telling TMZ Teresa’s under the impression the other women in the cast are earning significantly more money than she is and she wants to double her salary from last season.

Teresa is reportedly willing to walk away from the show if Bravo doesn’t cough up enough cash. Though Bravo refused to comment on the contract negotiations, they did state that they are looking at possible replacements. TMZ adds that all the other ladies are expected to return, with the exception of Danielle Staub of course, who despite her claims that she left the show on her own accord, was fired by Bravo.

My take on this? This seems like a negotiation ploy by both Bravo and Teresa. As we have previously reported, Teresa’s sophomore cooking book is scheduled to be released at the same time the 3rd season of the show will be returning so despite the leaked information to the press, Teresa needs the show. And with news that Bravo has signed Teresa’s sister-in-law Melissa Gorga, Bravo needs Teresa back on show as well.

Disclaimer – The next story might or might not be relevant to Teresa Giudice or the Real Housewives of New Jersey. Please proceed to read at your own risk. I kid I kid, well not really :)

Perhaps it’s a slow news day but RadarOnline is reporting today that Teresa’s brother in law, Pete Giudice, has also filed for bankruptcy.

According to Radar, Joe Giudice’s brother Pete and his wife filed Chapter 7 with the United States Bankruptcy Court in New Jersey on June 29, 2010. The couple listed their monthly income as $7,000 with assets totaling $1.3 million but liabilities of nearly $2 million. Guess this is chump change compared to the $11 million debt of Teresa and Joe.

Pete’s debts are defined as consumer debts with the number of creditors estimated to be between 50-99 with claims ranging from $160 to $46,000. Pete has also filed a notice to abandon his $1.3 million NJ home.

TELL US – DO YOU THINK BRAVO AND TERESA WILL RESOLVE THEIR NEGOTIATIONS DISPUTE? DO YOU WANT TERESA TO RETURN TO THE SHOW?

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