NJ Housewife Teresa Went on $60,000 Spree After Declaring Bankruptcy

Celebrity News August 17, 2010 AT 9:28AM
NJ Housewife Teresa Went on $60,000 Spree After Declaring Bankruptcy Credit: Moises De Pena/WireImage.com

Days after filing for Chapter 7 bankruptcy last year, The Real Housewives of New Jersey star Teresa Giudice dropped $60,000 on high-end furniture, court documents revealed Monday.

The Bravo star, 38, and her husband Joe -- who are $10.85 million in debt -- appeared in U.S. Bankruptcy Court as the planned Aug. 22 auction of their personal belongings was delayed until October as each item's worth is re-evaluated.

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But the real surprise came when new documents revealed that, shortly after declaring bankruptcy, the Giudices went on a lavish 2009 shopping spree, during which they snapped up $8,800 on curtains and nearly $45,000 on wall hangings, mirrors, frames, tables, urns and chairs, according to the New York Post's Page Six.

"These were not Ikea-purchased furniture items," said Judge Morris Stern. "These were from high-end design stores."

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After court, Teresa declined comment.

According to the Post, her husband Joe seemed upset, snapping at reporters: "None of your business! Back off before I get pissed!"

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Earlier this month on The View, Teresa insisted that she never lived outside her means and only spent money she thought she had (she claimed her husband never told her about their huge debt because he "didn't want to worry me").

“I always live within my means. Always," she said. "The money was coming in from the apartment buildings so we were able to live the lifestyle that we did."

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  • August 26, 2010 - 11:54am Heather

    She is disgusting. Why would anyone feel like they need to put gold rings and bracelets on their baby & small children? Her kids are brats. Danielle Staub might be largely disliked, but as we all see on the show, her kids are quite normal and seem more grounded. The Giudices should have their mansion taken....that's so ridiculous. Look at what's become of this world. It's so sick to see.

  • August 22, 2010 - 7:50pm Julie

    Ok so they are in debt..does not give the world free reign to call them and their children names..any of you folks out there calling her children names have kids yourself? would you like someone speaking of your children that way because you were in debt..so they made some spending errors..living the high life thinking it would last forever..they are not the first and won't be the last..back off..why kick folks when they are down and for those of you putting down teresa's looks..she's beautiful and loves her family..and for those of you putting joe down caling him names..joe could and would probably kick your asses..maybe we should hope the best for them instead of kicking them while down and out..think about it folks

  • August 21, 2010 - 11:33pm vikki

    I thought the Sopranos were bad, That new jersy bunch puts them to shame, They act like they are as pure as lambs, they can't forgive someone for a mistake made when a person was young. I am glad they are not GOD.

  • August 18, 2010 - 3:48pm dummy-teresa

    they are fugly white gutter trash. back to the trailer park for you. they can get their leopard from walmart now. also, those kids are ugly as fukck, too

  • August 18, 2010 - 3:46pm dummy-teresa

    This is happening because (1) their idiots with fugly kids, and (2)she jumped on the bandwagon against Danielle to get in with the Manzos. That gremlin asz Joe and disgusting Teresa deserves this!

  • August 17, 2010 - 11:27pm Louise Bayou

    My favorite housewife is Bethany Frankel.Her dad was a great trainer. And if anyone likes horses or racing, a very cool game to play is Sim Horse Racing. I am not a "gamer" but since I like racing I tried it and its addicting.

  • August 17, 2010 - 7:50pm 1 inch forehead

    hey ape lady u spend $$$$$$$$$ like the amount of dirty diapers u guys use dumb moron i guess happy life now poor wife geeeesh

  • August 17, 2010 - 7:12pm New Jersey, home of the gross ugly pathetic losers

    Tersea is a class act..she has spoiled bratty unbehaved kids..a husband who was out at 2 in the morning and gave a story he was not drunk,yeah right ..and she is a big spender..she does not care where the money comes from as long as she spends it..and spends it fast!She has horrid taste in so many things.. including matching clothes for her kids..her daughters look like circus performers!!!

  • August 17, 2010 - 6:25pm candy

    Oh my God- can someone just admit her and Joe are "SLUMLORDS" WHO COLLECT THE MONEY AND DON'T PAY THE BILLS. Why are they not in PRISON? Why have they not been forced to sell the home to get some of the debts paid back?

  • August 17, 2010 - 5:18pm Kiki

    @NA ~ This is NOT real life! Are you kidding me with that clearly uninformed statement? If you think most Americans are 11 million dollars is debt then you need a serious reality check. I don't know of ANYONE, except for these IDIOTS, who has gotten themselves so in over their heads in this economy. What a DUMB thing to say! Don't make excuses for these people and brush off what they did as "normal". It is completely abnormal and there's no excuse for it. Get you head out of you a.s.s!

  • August 17, 2010 - 4:56pm PW

    Wouldn't it be nice if she spent less time shopping and more time making her little monsters behave. Would they be considered white trash or Italian trash?

  • August 17, 2010 - 4:37pm disgusted

    she should be in jail. she is cheating business owners, credit card companies AND American taxpayers by stealing merchandise and then wasting the courts time with her bankruptcy claim.

  • August 17, 2010 - 4:12pm mellani

    I have no respect for this thief. The bankruptcy laws in this country really need to change, particularly during a recession when good people are hurting and struggling to pay their bills. This is an outrage. Why aren't these people being investigated by the IRS or the bank courts? This is downright fraud considering she KNew she would be getting this money as an advance and therefore should've reported it and given it to her creditors. How in the world did they go Italy on that lavish trip if they were bankrupt? This is AMERICAN GREED at it's lowest point.

  • August 17, 2010 - 4:09pm mellani

    I have no respect for this thief. The bankruptcy laws in this country really need to change. This is an outrage. Why aren't these people being investigated by the IRS or the bank courts? This is downright fraud considering she KNEW she would be getting this money and therefore should have reported it and given it to

  • August 17, 2010 - 3:58pm Cece

    What the..?! How the eff can someone rack up that much debt?! That's unbelievable! Now, us hard working citizen are gonna have pay that back in tax money. Why can't people learn to not spend beyond their means? Yes...BUDGET!

  • August 17, 2010 - 3:49pm Amnaris

    I can't believe how bad teresa and Kim G. make Italian-Americans look!! Forget about The Jersey Shore-I thought people of Italian heritage up North were proud of it-no-these two anglicize their last names and act like asses.Please,please, whatever you do,H's of NJ, DON"T COME DOWN SOUTH!!

  • August 17, 2010 - 3:30pm Jewels

    Were the purchased items charged to credit cards? If so, anything purchased AFTER the filing of bankruptcy, MUST be returned. Where are these peoples' heads? Wait, don't tell me, I already know LOL.

  • August 17, 2010 - 3:02pm NA

    This is real life...every American is spending well beyond their means.. the only difference here is they're on television being outted to the whole country!

  • August 17, 2010 - 2:37pm GIUDICE ARE LIARS. THEY NEED TO BE FIRED!

    lol She is a ugly liar as her puffy husband is..who the hell belived the story he told Jacqueline about how he was sober when he crashed then went to his dads house and drank 3 shots to relax before police got there..thats why they thought he was drunk.What a crock of sh*t.Liars..I dont like Danielle very much but I hate Teresa.The only ones who are sane on that show is Caroline and her family..they are smart people.

  • August 17, 2010 - 2:27pm anon

    Seems like half the ladies on these shows are a complete sham. It needs to be called Welfare Housewives pretty soon. It would be more realistic then.

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