Teresa Giudice Bankruptcy

Teresa

Teresa Giudice has a lot to explaining to do after the Real Housewives Of New Jersey reunion! She’s too good for a Ford?! Jacqueline Laurita called the FEDS on her?! Oh my…

In her blog Teresa clarifies why “Jacqueline is a wolf in sheep’s clothing.”

But first, the Ford comment! Teresa and Juicy actually currently OWN a Ford, so duh – she would drive one for sure! Especially since Juicy can’t legally drive. But exactly how many cars do these so-called bankrupt individuals possess?

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Teresa Giudice

Teresa Giudice’s bankruptcy has been settled – and this time it’s for real! Or it will be in a month. This means Teresa and her imprisoned husband Joe Giudice are finally off the hook for the $13.5 million they owe creditors.

To be fair to the Real Housewives Of New Jersey star, that staggering number has been reduced since the original fraudulent filing way back in 2009 which led to both Teresa and Joe pleading guilty to financial fraud.

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Jacqueline argues with Teresa - Again!

You know the old adage, It takes one to know one? That pretty much describes Jacqueline Laurita and Teresa Giudice to a tee!

On this week’s episode of Real Housewives Of New Jersey, Jacqueline and Teresa argued over whose bankruptcy is the worstest and who is the most very bad, awful friend.

In her blog, Jacqueline continues to insist that she is like totally operating in reality and is the speaker of the truth, and insists she’s really disappointed she and Teresa, again, found themselves rehashing the past “just like the good old days”!

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Teresa Giudice in a maroon dress

In the case of Teresa Giudice it’s once again, No Money, Mo Problems! Hey – stars, they’re just like us! Teresa and Joe Giudice cannot get their finances together no matter how money they earn, how many professionals they hire, or how many months they spend in prison!

Last year Teresa and Joe were nailed with a $551,000 tax lien, and this year the State Of NJ is after them for owing another $250k in back taxes. People it is not that difficult. I mean: GET TURBOTAX! Or maybe the issue comes in the writing the checks portion of the exchange? Anyway… the Giudices are again in trouble for not paying the IRS. 

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Teresa Giudice Bankruptcy

One step forward, two steps back in the designer shoes Teresa Giudice couldn’t afford but bought on credit she never intended to repay… a federal judge has decided to reopen the Real Housewives Of New Jersey star’s $13.5 million dollar bankruptcy case.

The reason Teresa spent a year in prison, and the reason Joe Giudice is currently behind bars, is the result of being found guilty of bankruptcy fraud. Shortly before Teresa got locked up, a judge decided to close their bankruptcy, meaning Teresa and Joe were liable to repay their creditors. 

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Teresa and Joe Giudice

Owning a home that was once in possession of Teresa Giudice is apparently not a big draw to buyers on the New Jersey foreclosure auction circuit! 

Teresa and Joe Giudice‘s Lincoln Park home, which they owned as a rental property, was auctioned off this week and even with the bidding beginning well below estimated value, there were no takers! 

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Teresa Giudice celebrates New Years after prison release

The financial hits keep coming for Teresa Giudice! Let’s hope her memoir sells well because girlfriend is broker than broke. The latest – Teresa and Joe Giudice‘s Lincoln Park New Jersey property – used by the couple as a rental – will be sold in a sheriff’s auction. 

Teresa and Joe listed the property as an asset in their failed bankruptcy filing – the very one that caused the Real Housewives Of New Jersey stars to wind up in prison – but now the property has lapsed into foreclosure. 

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Teresa Giudice offered big bucks for post prison interview

Will the money woes never cease for Teresa Giudice?! Just days after saving her mansion from foreclosure, the IRS hit Teresa with a $551,000 tax lien. Well, $551,563.00 to be precise!

It looks like Teresa will be spending her Real Housewives Of New Jersey paycheck before she’s even earned it. In October the IRS filed a lien against Teresa and Joe Giudice seeking recoupment for nine years of unpaid tax bills. 

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