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    « Nails it. | Main | Would you like some more of this tonight? »
    Saturday
    Jun052010

    OH SHIT

    From the NY Post:

    Spendaholic Housewife of NJ owes a big-hair-raising $11 million -

    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...

    Can't say that I'm too shocked, but $11 MILLION?  These two numbskulls make the Curtins look like financial genuises.   I'm speechless. 
    Thanks Lauren W.

    Reader Comments (24)

    Danielle is stirring her caldron and cackling in glee!

    June 5, 2010 | Unregistered CommenterTrudie

    Holy Fake Boobies! Theresa will have to become a prostitution whore now and pay off the debt!

    June 5, 2010 | Unregistered Commenterrosebud

    I don't buy it what so ever!!! She spends in cash. I think the market flipped and this is just a dead beat way to get out from under mortgages that are under water. Sneaky!!!! You know he is not reporting his real income!!! Come on they totally have their wine cellar stuffed with crates of 100 dollar bills.

    June 5, 2010 | Unregistered CommenterLou

    Holy crap! And here i am stressing about my student loans.

    Rosebud - hahaha! I was cracking up! "Prostitution whore!" But I do believe the correct term is "Holy Fake BUBBIES"

    June 5, 2010 | Unregistered CommenterMichelle

    Of course they are.

    June 5, 2010 | Unregistered Commentermom!mom!MOM!

    Well, I guess she can forget about lasering back that hairline of hers.

    Alright. I need to stop watching Bravo. This is the third couple that has financial issues.

    June 5, 2010 | Unregistered Commenterjcrewkg13

    It's too ridiculous to be true.

    June 5, 2010 | Unregistered Commenteranon

    Have you seen Mr. Theresa, a.k.a. Stumpy? He can barely put together three words. What possible skill does he have to support that kind of lifestyle?

    (I suspected something was up. Have you noticed how empty The Onxy Palace is? Or how they have no staff?)

    June 5, 2010 | Unregistered Commenteranon

    According to bankruptcy court documents, the debt includes:

    $20,000 on credit cards for Bloomingdale's.

    $104,000 across eight other credit cards.

    $1,280-a-month payment for a black Cadillac Escalade.

    $1 million for property in Clifton, NJ.

    $12,000 to a FERTILITY CLINIC [!!!]

    June 5, 2010 | Unregistered Commenteranon

    Post about Danielle's new book: http://search.barnesandnoble.com/The-Naked-Truth/Danielle-Staub/e/9781439182895/?cds2Pid=18074

    June 5, 2010 | Unregistered Commenterjcrewkg13

    Post about Teresa's new book: http://search.barnesandnoble.com/Skinny-Italian/Teresa-Giudice/e/9781401310356/?pwb=1&

    June 5, 2010 | Unregistered Commenterjcrewkg13

    they need some satchels of gold - STAT!!

    June 5, 2010 | Unregistered Commentermsborderline

    Teresa doesn't have to worry about putting a "bumper sticker on a Bentley" however she may have to peel off bumper stickers from her Ford Festiva that she will soon be driving.

    June 5, 2010 | Unregistered CommenterJenjen

    There you go--a great new reality show for Bravo. They should just film the reactions of prospective home buyers as they enter Teresa's onyx/marble/gold palace.

    I'd loooooove to see the bank's real estate listing for that house. How are they gonna spin that mess?

    June 5, 2010 | Unregistered CommenterS

    I bet Vicki from RHoOC is shaking her head and saying, "Dont these people have jobs?"

    June 5, 2010 | Unregistered CommenterKC

    She's gonna have to sell a lot of cookbooks to get out of that. So irresponsible. How can you sleep at night with four kids to take care of when you're spending money you don't have on crap you don't need....just so you can look like you're something that you're not?

    No wonder Gia is working so hard...

    I really do like Theresa, but how can you let this happen? And to think I worry about my measley credit card bill!

    June 6, 2010 | Unregistered CommenterTiffany

    Speed up the menstrual-free tomato sauce assembly line, stat!

    June 6, 2010 | Unregistered Commenteranon

    Unrelated: just read on Reality Tea that Jill Zarin hired FOUR media consultants to help repair her broke down, ho-beg image. They reportedly spent the night at her house the night before the reunion taping. What a nutter!

    June 6, 2010 | Unregistered Commentermom!mom!MOM!

    Did we know that Alex McCord didn't graduate from Northwestern University?

    June 6, 2010 | Unregistered Commenterjcrewkg13

    ...and that Kelly Bensimon didn't work at NASA?

    June 6, 2010 | Unregistered Commenteranon

    doesn't surprise me a bit. that house is just gaudy with all of that stone. I've always wondered how they could afford it...looks like they cant.

    i'm sorry, but i don't think her kids are cute at all!

    June 7, 2010 | Unregistered Commenterlalala

    hey SGM - have you seen the latest cartoon - briilliant!!
    http://nymag.com/daily/intel/2010/06/the_real_housewives_reunion_fe.html?imw=Y&f=most-viewed-24h10

    June 7, 2010 | Unregistered Commenterpenny ton

    Not surpised a bit.

    June 8, 2010 | Unregistered Commenterg

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