'Real Housewife' Teresa Giudice $11 Million In Debt

'Real Housewife' Teresa Giudice $11 Million In Debt-photo

Shock of shocks: one of the spend-happy women from The Real Housewives of New Jersey is in debt. A lot of debt.

Real Housewife star Teresa Giudice filed bankruptcy papers with her husband Joe last week that reveal that the couple owes nearly $11 million in various debts.

Although the two only earn $79,000 a year between the two of them, they are often featured on the show spending big and bragging about their supposedly wealthy status. In the past season of the show they built a banquet hall-sized mansion and Teresa got implants. In one episode she spent $2,000 on clothes in a 10-minute shopping spree.

Their list of debts show the markings of a lifestyle that they simply could not afford. From PopEater:

• The bank has moved to foreclose on their $1.8 million home in Towaco, NJ.

• Banks have taken their Jersey Shore house along with another home in Lincoln Park, NJ.

• Teresa owes $12,000 to a fertility clinic.

• They've defaulted on payments for their Escalade.

• Joe personally owes $5 million to former partners of real estate deals.

The papers also reveal that the two get $1,000 a month in "assistance" from "family members." Sounds like a nice family.

We wonder if any of their financial troubles will be featured on the show.

 

Discuss

Default avatar
  • pammie8
    pammie8

    where does Danielles money come from Drugs???? Why is the only friends Danielle have are ex-cons? Why is everyone looking at Teresa, so what she is in debt we all are. For those of you out there who say you do not buy things unless you have the money you are lying to yourself!!! We all at some point have purchased something we did not need and should have spent the money on bills. But what gets me is that none of you seem to care that two young girls are living with a crazy women who looks as if she is on drugs, Danielle is making sex tapes and now is stating she is gay, come on someone stand up and stop judging Teresa so hard and look at Danielles children someone needs to step in and protect them. Who the hell said no one cares? Im pretty sure EVERYONE thinks that chick is out of her mind! So what if she is gay? Do you have a problem with that homophobe? This article is about Teresa being her ***hole self so thats what everyone is commenting on. If it was a Danielle article that's what people would be commenting on. GET A GRIP!!

  • jen
    jen

    where does Danielles money come from Drugs???? Why is the only friends Danielle have are ex-cons? Why is everyone looking at Teresa, so what she is in debt we all are. For those of you out there who say you do not buy things unless you have the money you are lying to yourself!!! We all at some point have purchased something we did not need and should have spent the money on bills. But what gets me is that none of you seem to care that two young girls are living with a crazy women who looks as if she is on drugs, Danielle is making sex tapes and now is stating she is gay, come on someone stand up and stop judging Teresa so hard and look at Danielles children someone needs to step in and protect them.

  • Furio
    Furio

    she should start acting in movies whenever they need a human frog

  • Laura L. from Deer Park, NY
    Laura L. from Deer Park, NY

    Momma of 4 Teresa, does not get only $1,000ts a month from family. They get a CASH five-figure allowance (over $10,000 month) from “relatives”. Teresa & Joe (her l ong-time cheating husband) only m ake about $7,000 a month (inclu ding the money from BRAVO), before taxes. They spend CASH for everyt hing—sounds very questiona ble, shall we say? They even roll ed out $100,000+ CASH for furniture for their tacky new McMansion . Teresa has a total caveman f orehead. Low IQ and stupid statemen s go along with “the low-brow loo k”—intel lectually speaking! The Giud ice daughters are not cute,they are freaky frog-eyed alien looking litt le brats. These girls are the defi nition of spoiled & very destructiv both at home and out in public. Oh, and by the way Teresa, your last name Giudice is not pronounced as “good-ice” but “jew-dee-chee”. And Caroline Manzo admitted on the show that she shaves her face in t e shower every day! Need I say m ore about her? Except yes, she is a real bully, a poor mother (yes , great my son wants to open a s tripclub-car wash!), and makes my eyes bleed!

  • betty jo
    betty jo

    Why do the Guidices keep having kids? They have no way to support them. I was amazed to learn these people get very little money for the Housewives show. Not like Kate plus 8, huh? About Caroline, she is an accident waiting to happen. She is rude, nacisstic and rules her husband. He is PWd, and his ballz belong to Caroline. He is weak and I have no respect for him, not by any stretch. Right on Bethenny and Hoppy mate, good luck with the new baby! Bea, Illinois

  • joy
    joy

    Teresa I feel bad that you are married to a cheating husband and that you are in fincaial straights maybe what you need to consider is cutting back on your shopping spree. Get a job becaue you are not to preety to work!

  • joy
    joy

    Teresa I feel bad that you are married to a cheating husband and that you are in fincaial straights maybe what you need to consider is cutting back on your shopping spree. Get a job becaue you are not to preety to work!

  • Faith
    Faith

    Momma of 4 Teresa, does not get only $1,000ts a month from family. They get a CASH five-figure allowance (over $10,000 month) from “relatives”. Teresa & Joe (her long-time cheating husband) only make about $7,000 a month (including the money from BRAVO), before taxes. They spend CASH for everything—sounds very questionable, shall we say? They even rolled out $100,000+ CASH for furniture for their tacky new McMansion. Teresa has a total caveman forehead. Low IQ and stupid statements go along with “the low-brow look”—intellectually speaking! The Giudice daughters are not cute,they are freaky frog-eyed alien looking little brats. These girls are the definition of spoiled & very destructive both at home and out in public. Oh, and by the way Teresa, your last name Giudice is not pronounced as “good-ice” but “jew-dee-chee”. And Caroline Manzo admitted on the show that she shaves her face in the shower every day! Need I say more about her? Except yes, she is a real bully, a poor mother (yes, great my son wants to open a stripclub-car wash!), and makes my eyes bleed!

  • HaveANiceDay
    HaveANiceDay

    They reap what they sew....

  • NC Mom
    NC Mom

    They are frauds. You can't afford million dollar homes and $2000 spending sprees making only $79,000 per year.

 
celebuzz