Teresa Giudice ‘humiliated’ about bankrupcty, denies ‘desperate’ foreclosure rumors … sorta
Teresa Giudice insists that she and her husband Joe are not really in foreclosure, not when it comes to the $4 million mansion they own in Towaco, N.J., anyway.
Nope, that’s just lies I tell you, lies! And you can blame the evil dark empress Danielle (once again) for spreading that nonsense (and whatever else).
But not so fast …
The admittedly “humiliated” bankrupt Italian fireplug tells In Touch Weekly that it’s their investment properties that are on the verge of being raffled off on the courthouse steps.
Oh, we feel so much better. And we’re sure the bank that currently holds the note is completely reassured, too.
Nonetheless, Guidice, who stars as herself on the hit Bravo-produced reality show “Real Housewives of New Jersey” as a loud-mouthed, free-spending, sex-craving mother of four daughters, reveals that she has learned from her mistakes and plans to change her ways.
For starters, Joe will now be in charge of the family finances, “doing all the grocery shopping and imposing a limit on Teresa’s credit cards.”
Brilliant!
Tune in to see how long that lasts … if at all.
The Real Housewives of Foreclosure
It looks like diva Teresa Giudice of Bravo’s hit show ‘The Real Housewives of New Jersey’ is yet another addition to a growing list of housewives getting a taste of foreclosure. According to a New York Post article the NJ couple owes over $11 million to creditors and have sought bankruptcy as a ‘fresh start.’ Meanwhile the bank holding the mortgage on their gaudy eight-bedroom mansion has filed foreclosure proceedings.
The couple owes $2.6 million, or eight mortgages, on three separate homes. Two homes have already been repossessed by the lenders. Other debt includes $104,000 in retail credit cards, a $1,280 monthly car payment and a $2,300 monthly phone bill.
Despite their lavish lifestyle, the bankruptcy filling shows the couple only reported an income of $79,000 per year and another, more mysterious, $120,000 per year from family “assistance.”
On the hit Bravo TV show, Giudice is known for her ostentatious spending habits including buying designer clothes for her three young girls. In one of the more notable shopping sprees Giudice threw down $2,000 in a mere ten minutes.
Viewers can only hope to see the quintessential Teresa ‘flip out’ if the custom home does eventually head to the auction block. I know I’ll be tuning in for some Garden State dram-o-rama.
Another Real Housewife Faces Reality
The Bravo Network might want to consider changing the name of their popular show, “Real Housewives of Orange County” to “Living Within Your Means.” Housewife, Tamra Barney, just recently got rid of her her 4,300 square foot home in a short sale.
Tamra and her soon to be divorced husband, Simon Barney, bought the home for $1.32 million back in 2005. The home is a five bed, four-and-a-half bath stunner in the heart of Orange County. 
The couple poured money into the property by fixing it up with a new pool, spa, waterfall, nice bar, and landscaping.
The now single Tamra is back to work at a real estate firm and working on a new make-up line. While the popular tv show continues to follow the rich and beautiful around for it’s six season now, it has shown these woman taking a financial dive in the so-called “reality.” Of course, you can catch all the housewife drama on the Bravo Network.
Real Housewife eviction served to her daughter
Not so fast!
The Lynne Curtin eviction from an Orange County home might take longer than the three-day notice implies.
That’s because the eviction notice that Curtin and her husband received from their landlord to pay more than 12,000 in owed rent and other expenses was served on their daughter.
Therefore, the legal document for the eviction is apparently invalid, meaning the Curtin’s now have more than three days to to remain deadbeats and live in complete darkness, take cold showers and enjoy all the other luxurious amenities that come along with having their basic utilities shut off.
Lynne and her husband have brought in their lawyers (of course) to fight the eviction and expenses, but it still doesn’t look good for the real housewife. The landlord is said to re-serve the eviction notice under the proper name this time.
What an ingenious idea. Not sure how he didn’t think of it sooner.
Housewife of Orange County Eviction
When one housewife falls, so does another.
Lynne Curtin from “Real Housewives of Orange County” received a three-day eviction notice for a home she and her husband rent in Laguna Beach. If she doesn’t come up with $12,000 in this time, she’s out.
Curtin and her husband apparently owe the owner of the home $10,000 for the security deposit and another $2,000 for some other fees. The owner of the Laguna Beach home has turned off the utilities in the home since she and her husband didn’t pay for those either.
I wonder if our next article will be about another housewife …
