When The Checks Stop Coming In: Real Housewife Of NJ Is Broke As Hell

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Categories: In White Folks News, News, SMH, When The Checks Stop Coming In

teresa and joe giudace

Damn, apparently Teresa and her husband on the Real Housewives of New Jersey make $79K annually and owe $11M to creditors…

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.

Teresa, known for her lust for designer clothes and expensive bling on the Bravo show, owes nearly $20,000 on credit cards for Bloomingdale’s, Nordstrom and Neiman Marcus. In total, the Giudices show $104,000 in debt on at least eight credit cards. The bank has moved to foreclose on the Giudices’ $1.8 million, 10,500-square-foot, eight-bedroom, 5½-bath marble-and-onyx manse in Towaco, NJ, the couple moved into during the first season. Teresa and Joe defaulted on their $1,280-a-month payment for the family’s ubiquitous black Cadillac Escalade. They also didn’t have insurance on the massive SUV, according to GMAC.

Teresa — who this season told Joe to get a vasectomy — owes $12,000 to a Garden State fertility clinic. * Banks have taken the couple’s $279,000 four-bedroom Jersey Shore house. The Giudices had three mortgages on the house and owed $325,000. The couple also handed over a $200,000 home in Lincoln Park, NJ, that had four mortgages — and an outstanding debt of $600,000.

SMH. All these frontin’ a$s people on these reality shows need to stop and just be real. If you can’t afford all that bullsh*t, then you can’t afford it. Simple as that, simple f*cks.

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