With all the legal disasters currently populating Teresa Giudice's life at least one thing is going in her favor – she won't have to move her kids out of the marble remnants tackery she refers to as home. Whew!
A bankruptcy court recently ruled that the Real Housewives of New Jersey star will not have sell her home to repay debts. Radar Online discovered court documents pertaining to the case where the trustee of Teresa and Joe Giudice's home filed a motion on December 23, 2013 for the Giudices to "abandon" their home because it's of “inconsequential value” to their estate.
Translation: it would be too difficult for the trustee and the state to handle the sale of such a garish property so it's worth more in the Giudice's hands (with them presumably paying property taxes and a mortgage) that it is being sold outright to pay off old debts since it would not generate enough money to make a significant dent.
Teresa Giudice is having like the worst year in the history of bad years. I would say things can only get better but with her federal fraud trial scheduled to begin in February 2014, I don't believe that's true!
This week Teresa and husband Joe Giudice were charged with an additional two indictments for Bank Fraud and Loan Application Fraud, bringing the total number of charges to a whopping 41! FORTY-ONE counts, people! FORTY-ONE. Seriously – I am still in disbelief about the 39 original counts, my brain can't handle more! #CheckMyCharges
Oops, she did it again! Teresa Giudice and husband Joe are now being indicted for a total of 41 counts of fraud. The feds have added two NEW counts to the current charges!
The authorities shared today that the two additional counts are related to a $361,000 mortgage loan that Teresa took out in July of 2005. Teresa claimed on the loan application that she was employed as a realtor making $15,000 per month. But the fact is that Teresa wasn't even employed outside the home at the time!
Teresa's attorney says she will plead not guilty to these new charges as well. “As she did with respect to the allegations contained in the original Indictment, Teresa intends to plead ‘not guilty’ to the allegations in the new indictment. She looks forward to defending herself. … Beyond that, we will answer all of the charges in court, not out.”
Case in point? Rosie has been tapped to co-host the red carpet pre-show for the American Music Awards with none other than Lance Bass on November 24th. At last week's nominations ceremony, Rosie put in her two cents about the mounting legal woes faced by Teresa Giudice and husband (and Rosie sidekick) Juicy.
This has been a wild, sometimes repetitive, and completely drama-filled season for the Housewives. We've seen (or at least read about) touching moments, cheating rumors, friendship rekindling, and epic brawls (but sadly only heard second hand accounts of flying sinks). We've also had a lot of off-screen drama, with the most scandalous being Teresa and Joe'sfederal indictment and the civil lawsuit brought on by the Posche 2 fight and topped off with a little book controversy.
What will season 6 bring? Andy Cohen admits that the show needs an overhaul, but who knows what that means in Andy's world. Well, let's get through season 5 first and then we'll tackle season six and all of its casting rumors!
Andy Cohen explained at the beginning of the interview that many questions were off limits per their attorneys, but he did get a surprising amount of answers out of the Giudices. They opened up about everything from who they'd leave their kids with (Joe says NO WAY to the Gorgas), whether or not they blame the show for their troubles (yes), if they feel they've lived beyond their means (no) and so so much more!
The interview was taped about four weeks after they were charged. Andy starts out by asking what the last month has been like. Teresa says, "I'm not happy about it. I'm sad. I can't believe this is happening to us. It feels like a dream and I have to be strong. For my husband and my children. I'm trying to do the best I can."
Following a season of lackluster ratings, ridiculously transparent producer and editing manipulation, and a déjà vu storyline, Wendy challenged Andy about making changes to the formerly successful show.
Wendy straight up called out this season as "not the best." Andy agreed and admitted, "We need to make some adjustments." When Wendy suggested "new Housewives" and "no more Manzos" or Wakiles, Andy said, "alright, alright" but he seemed off-put and annoyed. I think he's also realizing this show is doomed without MAJOR shakeups!
Real Housewives of New Jersey fans immediately began to speculate over whether or not Teresa's massive empire would crumble. Love her or hate her, you cannot deny that she's done well for herself where endorsed brands are concerned, with cookbooks, Fabellini, Milania Hair Care, and more.
A distributor for Fabellini barely blinked an eye. They were going to stand by Teresa despite her legal woes, boldly predicting, "She's gonna be a winner."
However, the CEO of Youthful8, which owns the Milania Hair Care brand, wasn't as confident about Teresa's future role in the company, saying "whether she is the right person to continue to endorse the brand" will be determined at a later date. Today is that day – read on for the full press release.