Meanwhile, Teresa is desperate to liquidate her Montville, NJ mansion to repay her bankruptcy debts. Teresa and Joe initially listed their home for $3.999 million last fall, then dropped the price by $500,00 and again by half a million in January. With no takers they pulled the 10,044-square-foot home from the market, but have now relisted it again at $2.9 million.
Teresa Giudice is officially an inmate at Danbury Correctional Institute where she will remain until 2016. While her newest attorney (there’s been a string of ’em) James J. Leonard Jr. has speculated the Real Housewives Of New Jersey star will be out by Christmas of next year, the prison lists it just a leeeetle later than that!
Teresasurrendered to Danbury in the wee hours of the morning on January 5th to avoid the media circus (consisting of Bravo cameras following a sobbing Jacqueline Laurita and desperate Kathy Wakile) already forming outside of her house, and because she didn’t want to expose her daughters to any more negative publicity. Danbury has her prisoner Register Number as 65703-050.
Teresa and Joe were able to hold onto their mansion during their bankruptcy filing after the trustee found it to be worth less than than the couple owed and not a viable option to satisfy outstanding debts. With their bankruptcy dismissed and the couple still owing $13.5 million as if they never filed, and their sentencing scheduled for October 2nd, the couple needs to do all they can to lessen their financial burden.
Despite the fact that she and her husband Joe Giudiceare being accused of perjury, in the form of concealing assets during their bankruptcy filing, in addition to an auction date set for August 22nd to auction off the contents of their home items to pay off their creditors, Teresa Giudice is showing off her home in the latest issue of In Touch magazine.
The Real Housewives of New Jersey star, who seems to be in major denial when it comes to her financial and legal woes, tells the mag of her 12,000-square-foot NJ mansion: “My house is very warm — even though it’s big, it’s very inviting and that’s what I love.”
And despite the fact that her husband’s finances are being investigated by the IRS plus the very public knowledge of her $11 million debt, Teresa makes certain to brag about just how luxurious her mansion is. “We had our house built with nothing but marble, granite and onyx,” she says, “I don’t think you can ever have too much of that. I could’ve had even more,” says Teresa the idiot.
Teresa could also be heard bragging that her mansion is worth $5 mil in last week’s episode of the Real Housewives of NJ, despite the fact that it’s value was listed at $1.7 mil in their bankruptcy filing. More photos of Teresa’s home below.
In other NJ news, more legal woes for Danielle Staub. Just days after her ex-boytoy/former sex tape partner Steve Zalewski filed suit against her for defamation, Zap2It is now reporting that her ex-husband is also planning to file a new lawsuit against her within the next two weeks .
That ex-husband is Kevin Maher, the man who wrote ‘Cop Without A Badge,’ the book which details Danielle’s sordid past as a prostitution coke whore.
Kevin tells Zap2it his attorneys will file a lawsuit against Danielle, her book’s alleged ghost writer and its publisher, Simon & Schuster for “lies” found in her book, “The Naked Truth.”
And what exactly are those lies? “The lie that she told about me was that I beat her in a cocaine stupor for days,” Kevin says. “And then when the police showed up, I confessed and then I went to prison.” He adds, “I was never in prison in my adult life. Period.”
Kevin also reveals he is actually working with Steve and that the two had hoped their suits would hit together. “Steve and I were working together,” he reveals. “We wanted to sue her on both coasts at the same time, but my lawyer was too busy and Steve beat us to it.”