Teresa Giudice and Her Husband Are in Debts

According to the latest news the star of “The Real Housewives of New Jersey,” Teresa Giudice and her husband Joe have filed for bankruptcy.

The court documents that were filed on October 29, 2009 confirm that the couple is $8,709,831.34 in debt. As a matter of fact, their yearly income is only $79,000. Moreover, the couple got $120,000 a year as an assistance made by their family.

According to the document the star has debts of $20,000 on credit cards for Nordstrom, Bloomingdale, Neiman Marcus and also $62,000 on several other cards.

It was revealed that the couple has already lost their home that is situated on the Jersey Shore and also another residence in Lincoln Park. It is expected that the next will be Towaco house that worth $1.8 million.
It was claimed by Teresa in the papers that she earns about $3,333 a month from the Bravo reality show. Moreover, her new book, known as “Skinny Italian,” has been in the list of bestsellers in the New York Times.
It looks like the star dropped a big amount of money on spa trips, as well as clothes.

On Monday a statement was issued by Teresa, in which she said that problems she is currently undergoing is her personal matter. But she realizes that that there will be always aspects of her life that will be subject to distortion as well as scrutiny. There is a true fact that due to the economy the real estate of her husband failed although he has been working hard.