Pete Giudice

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?

Teresa and Joe GiudiceA lot of Real Housewives of New Jersey news to report today so we’ll get right to it.

First, RadarOnline is reporting that Joe Giudice, husband of Teresa Giudice, has been released from jail after serving 8 days of his 10-day sentence for driving with a suspended license.

According to Radar, Joe was wearing a black and white jump suit as he walked out of the jail’s lobby around 6 a.m. this morning. His brother, Pete, and friend, John, were waiting to pick him up. The trio left in a jeep. Joe refused to answer any questions, simply telling reporters “get outta here.”

Moving on to Ashley Holmes. The 20-year-old daughter of Jacqueline Laurita announced she is quitting the show via her twitter page over the weekend.

“Hey everyone..just so you know..as of right now..i will not be returning for season 3.. but my mother will..i hope we can all still chat :),” wrote Ashley. No reason was given for her leaving the show, but judging from the “as of right now” statement, we’ll take a gander and blame it all on contract/negotiation/money issues with Bravo.

The 3rd season of the NJ Housewives has yet to begin filming so perhaps Ashley might still return to the show.

Finally, RadarOnline is also reporting today that there is an additional new NJ housewife on the block. If you recall, they broke the story weeks ago that Teresa’s sister-in-law Melissa Gorga, whom she absolutely does not get along with despite her public denials, had joined the cast.

Well it seems things are about to get worse for Teresa. Sources tell Radar Bravo has asked Katherina Wakile to join the cast, and that Teresa is none too happy about this. Why? Well apparently Katherina is Teresa’s cousin!

“Teresa isn’t happy that her family is being asked to join the cast,” a source told Radar. “She feels as if her entire family is being approached to be a part of the show.”

The source adds that Teresa has yet to sign on for the 3rd season, but judging from the news that her second cookbook will be released in May, 2011, around the same time the 3rd season of the show is set to premiere, something tells us Teresa will be signing that dotted line any day now.

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