Real NJ Housewife Teresa Giudice Calls Bankruptcy a “Fresh Start”

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Real NJ Housewife Teresa Giudice calls her bankruptcy a “Fresh Start“, but I call it a real mismanagement of money! Teresa Giudice a fresh start from the millions that her and her hubby owe, but what about those other people who don’t get that option. Bankruptcy is an easy way out!

The 38-year-old mother of four — whose palatial new home and cash-only shopping sprees are documented on her hit Bravo show — addressed the talk in a statement to UsMagazine.com.

“While this is a personal matter, I realize that certain aspects of my private life will always be subject to scrutiny and distortion,” Giudice says.

“What is true is that due to the economy, most of my husband’s real estate ventures failed despite his hard work and effort. As a result, we looked to the Bankruptcy Court for a ‘fresh start.'”

She continues: “When people fall, the way to success is to get up and learn from our mistakes. We are in that process.”

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