When The Checks Stop Coming In: Teresa Of RHOJ Selling Her Gaudy Stuff In A “Bankruptcy Auction”

Posted on July 27th, 2010 - By Bossip Staff

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

teresa and joe guidice

Remember when we told you Teresa from RHOJ was broke as hell? Well, she’s now selling a bunch of stuff from that off the chain a$s mansion they just bought:

“Real Housewives of New Jersey” star Teresa Giudice and her husband, Joe, are set to sell the contents of their 16-room, 10,000-square-foot Towaco mansion in a bankruptcy auction to take place at their home Aug. 22, reported Gawker.

Among the items up for bid will be a grand piano, two LCD TVs, a decorative urn, an antique pool table, a suit of armor, four chandeliers, a jet boat, a snowplow, framed paintings and numerous pieces of furniture, according to A.J. Willner Auctions, the company facilitating the auction. The reality show couple reportedly filed for Chapter 7 bankruptcy last October. According to court documents, the couple owe $10.85 million to creditors.

“Due to the economy, most of my husband’s real estate ventures failed despite his hard work and effort,” Teresa told UsMagazine.com last month. “As a result, we looked to the Bankruptcy Court for a fresh start.

The way this broad stay running through paper on that TV show, she might need to start looking for another husband. Poor Joe.

Check out pics of the items for sale below:

Images via Gawker

Source

  • I Am Legend

    who is this brawd ???

  • http://bossip.com babysis

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  • nellz

    I never liked her 4 sum reason,she jus goes ova board nd u would think she would have got her eye fixed instead of implants smh

  • The Reckless Socialite

    They are from Jersey sweetie .. What do yall really expect. There is nothing like Jersey tackiness!

  • Rolly

    Hell in this recession, I’m not surprised! I would never wish bad on anyone I don’t know. I like Teresa, she’s fabulous and just trying to live the “life”. Her husband bends over backwards to make her happy and I can’t hate. Please believe this is all a formality! These people aint poor by no stretch!

  • charlotte

    Yet she’s on twitter bragging about her A7 jeans. Reality wont hit until the sheriff’s escort her family from that mansion

  • SubversivCursiv

    @ nellz…What’s wrong with her eye? Did I miss something?

  • Tasha J

    Why am I not surprised?

  • ANNOYED

    I’LL PAY 10 DOLLARS FOR THAT GAS GRILL AND 20 FOR THE STOVE.

    LMAO!

    ALL THESE “REAL HOUSE WIVES” REALITY SHOWS ALWAYS EXPOSE THOSE BROADS FOR THE FRAUDS THEY REALLY ARE…BROKE, BUSTED AND CAN’T BE TRUSTED!

  • MadameMaraj

    I liked Teresa more last season…anyway, It’s ironic that she got so mad at the “prostitution wh0re” for saying her house was in foreclosure knowing it was true…11 milli in debt tho?! wow…when stuntin goes wrong

  • Choco

    Damn I liked them but I swear when I viewed all the flossing they were doing I was like either they are with the MOB or they are TRIPPN HARD

  • Choco

    Hey GLOK-how have you been?

  • free

    nellz, you wrong for that!

    i could tell, on the show, when she told her husband that danielle said they were in foreclosure, the husband didn’t even flinch. he knew what was up.

  • dwinone

    smh…ain’t that a shame. Guess she should have taken her own advice and got a job!

  • Choco

    @GLOK
    I must admit I do like it now yesterday when I looked I wasn’t feeling it but I like the way the comments post-Things are well and thanks for asking

  • http://perryone779@yahoo.com rose by any other name #9304026339482056536 ™

    Good morning Glok, and how the heck are you?

  • Zone 4 Representatives

    Just another reason not to believe anything you see or hear on these bum azz unreality shows.

  • Glok…. Good Golly Miss Molly!

    ROSE, HEY GORGEOUS MILITANT ONE, IM GOOD, HOW THEY HECK ARE YOU DOING?, LMAO!

    HEY CHOCO
    I ACTUALLY BEEN MISSING YOU ON HERE,GURL YOU MUST BE GETTING IT GOOD!
    LOL!

  • Choco

    @GLOK
    SMH you are crazy : ) I’m in a good place now but I’ve just been MIA from posting I do lurk tho….thx I’ve missed you as well

  • MISS ALL THAT (IS IN THE BUILDING)

    CHAMPAGNE TASTE WITH AN ICEHOUSE POCKET..

  • #1 Shannon Brown Fan!!

    I feel so sorry for the family! I actually like Theresa she’s such a sweet lady. I wouldn’t wish bad on anyone but you have to learn when to pump your breaks sometimes. She got in way over her head! Oh well best of luck to the family!

  • Choco

    Well someone either Theresa or her Hubby should’ve put the brakes on those extravagant shopping sprees she took her children on

  • MALLIANA

    so danielle was telling the turth this h0e is bankrupt! SMH guess that mob money aint good money

  • muse

    I saw only the first season and was not a fan of Teresa. She seemed uneducated, tacky, and materialistic. I also thought her girls were way too grown and I can only imagine how terrible they’ll be once they get older. It just seemed as though the only thing she was imparting in her kids was how to be “fabulous.” Anyway hopefully her family will grow from this experience. I hope their marriage can withstand this trial.

  • Pooperscooper

    I just have to say….LMAO at GLOK’s avi oh and that’s too bad about theresa and joe but I bet they’ll bounce back

  • Black barbie

    Teresa is strange looking her hairline and eyebrows touch each other she has no 4 head she has a 1 head

  • Glok…. Good Golly Miss Molly!

    POOPER SCOOPER, DONT YOU LOVE IT?

    LMAO @ BLKBARBIE,
    THAT BTYCH GOTTA HAIRLINE LIKE A MONKEY!

    SUPER GOON WHATz GOOD!?

  • super goon one

    Glok

    I’m good.

    But these fools are embarrasing the NYC-Newark area

  • harlemworld4eva

    Fuk dat bich

  • Scorpio

    2Bad

  • Allie

    They do need to cut back majorly, the amount of money they spend from the house to the girls is crazy, the mortgage on that house must be nuts and joe cannot keep up with all of that

  • Glok…. Good Golly Miss Molly!

    SUPER GOON!
    NO DOUBT CUZO ..BUT THEY FUK THEMSELVES TRYING TO LIVE THAT MAFIA LIFESTYLE,..THAT GOODFELLA CHIT IZ DEAD!

  • Oh yeah!

    @glok… lmao..The hairline .. that is so damn funny and so damn true when you look at teresa with certain hair styles.

  • Choco

    @GLOK
    Yep I miss your thoughts and I’m enjoying life more now…

  • Hanna

    This is totally false, I’m friends with Joe and Teresa. This shouldn’t be on the internet, they have a nine year old daughter and she uses the internet and this could easily get to her. I hate these gossip sites. You should listen or do more research before you post things.

  • http://www.mstrendydiva.com mstrendydiva

    I’m loving every second of this…I’m so sorry…I should not feel that way but this chick was saying last season that her and her husband only paid cash for everything and she is the epitomy of living beyond ones means…when people always say the Atlanta chicks be flossing, nothing like this…I don’t think another house wife of any cast has been 11 milli in debt…wow…she needs to humble herself.

  • http://www.mstrendydiva.com mstrendydiva

    ummm Hanna, sorry sweetheart this is in US magazine and I seen it on yahoo news as a headline…so I doubt it’s false…I might question it if it were only gossip sites…

  • Hanna

    @mstrendydiva
    Go scratch.

  • Delight23

    ((yawn)) who couldn’t tell by that tacky azz house that the owners were just as fraudulent and tacky.

    BUT this is more proof that bankruptcy is only a black eye in the minority communities. for some its just a way to make a fresh start. SMFH

  • auntdoggandauntfail

    bankruptcy is the rich man’s welfare. $10 million that’s ridiculous, then they look down on poor people, hell at least we know how to live within our means!!

  • http://www.mstrendydiva.com mstrendydiva

    lmbao @ Hanna…girl unless this is your fam…can’t imagine why you are mad…your such good friends but I don’t remember any chicks named Hanna on the show…mmmh…we will call anyone a “friend” nowadays…

  • HANNA SHUT UP!!!

    SHUT UP HANNA!!! You know d*mn well you are NOT friends with them. Quit you lying!!!!! LOL! I’m pretty sure Teresa doesn’t have friends with anyone who doesn’t live like they do and they sure the hell well wouldn’t be READING ANY GOSSIP SITES, especially if they “hate” gossip sites!! Get gone somewhere. You are too funny LOL!!!

  • Curious1 aka Pretty Girl Swag

    Teresa is 2nd Fav on that show,the red head one is my fav…Some of the coulture type ish always looks gawdy as hayle..(see Kimora Lee’s cheap ish, BabyPhat)

    There must be a curse or something with those Housewives shows..most of them have housing issues, bankruptcy and ish…wow…

  • Vickie

    So-does this mean they will be MOVING to the apartment above the pizza parlor?? Just wondering!

  • Hanna

    @KNB1

    Thank you!

  • April

    Who cares Hanna, I make good money too. If Teresa and Joe are broke they are broke. The economy is impacting the real estate market– CASE CLOSED. She has a bad attitude and she is teaching her daughters to have a bad attitude.

  • nicki

    On some real s***, I am from NJ. Princeton to be exact. It is a very upscale town but we do not live above our means. I like Teresa.I actually met her at a pageant tht our daughters were in. She’s a nice girl.Not too bright though. But tht economy excuse is sooo played out. My husband is a chemist and I am a nurse and we live good but we also have common sense when it comes to spending money. Hopefully, this will be a learning experience for her & Joe. Good luck honey. And yes she does say “honey” a lot. Called all of us moms “honey”. :)

  • Fish n Grits

    Is the house next? Does that mean she will need to move into a house that someone else owned? (Remember she said she did not see how anyone could do that) Welcome to reality hun!

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