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You got it…Big Spender…Teresa Giudice!!! Teresa and her husband Joe are headed to bankruptcy. After seeing the way Teresa spends I can understand how funds would be low, but lets not put all the blame on Teresa…her hubby Joe owesÂ moneyÂ to former partners.
According to the NY Post,
She has a gaudy new mansion, pricey breast implants and spends thousands of dollars on shopping sprees for her spoiled brats — but a New Jersey reality star and her goombah hubby are real-life deadbeats who owe $11 million, court records show.
Free-spending “Real Housewives of New Jersey” diva Teresa Giudice and her husband, Joe, make just $79,000 a year and are up to their tanned necks in liens, foreclosures and unpaid bills, according to bankruptcy papers filed in Newark federal court.
The Giudices say they owe creditors $10,853,648.04.
Spendaholic ‘housewife of NJ’ owes a big-hair-raising $11M
Behind the bankruptcy filing
What the Giudices make a year:
$79,000 (plus $120,000 in â€œassistanceâ€ from family members)
What they owe: $10,853,648.04
including $20,000 to Bloomingdaleâ€™s, Neiman Marcus, Nordstrom
$1,280 monthly payment for Cadillac Escalade
for eight mortgages on three homes (two have been handed back to lenders)
$5.8M Joe’s business investments
$85,600 Home repairs
$12,000 Fertility treatments
$2,300 Phone bill