Teresa Giudice from 'Real Housewives of New Jersey' Selling Lavish Personal Belongings at Auction
Teresa Giudice and her husband, Joe, definitely have their share of financial problems despite Teresa’s refusal of these claims on The Real Housewives of New Jersey.
The couple, who have four children, filed for bankruptcy in October and allegedly owe approximately $11 million to various debts that they have accumulated.
OK! Magazine reports that in an attempt to gain financial stability once again, the Giudices are planning to sell their lavish personal belongings in a public auction on August 22.
According to Popeater.com, in papers filed in Newark Federal Court, the Giudices claim that between the two of them, they make $79,000 a year.
Items that will be for sale at their Towaco, New Jersey mansion include a grand piano, two flat-screen televisions, sofas, decorative fireplace accessories, a foosball table, a suit of armor and at least three chandeliers.
Popeater also reports that among the debts that the couple owe are $12,000 to a fertility clinic and $5 million to Joe’s former partner of real estate deals. They have stopped making payments on their Escalade, and the bank took their home in the Jersey shore and another in Lincoln Park, New Jersey. The bank has also went under foreclosure on their $1.8 million home in Towaco, New Jersey.
