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Monday, August 16, 2010

Joe And Teresa Appear At Bankruptcy Hearing

Article from NJ.com.

Teresa and Giuseppe "Joe" Giudice, of the "Real Housewives of New Jersey" reality show on Bravo TV, arrive at the Martin Luther King Jr Federal Court House in Newark for a bankruptcy hearing. Joe Epstein/For The Star-Ledger

By:Meredith Galante
The sale of Teresa Giudice, “The Real Housewives of New Jersey” star, and her husband Joe’s personal belongings and their Towaco mansion furnishings will be delayed to October 3 pending re-evaluation of each item’s worth.
Joe Epstein/Star-Ledger

The stars of Bravo's "Real Housewives of New Jersey" appeared in U.S. Bankruptcy Court in Newark Monday after she and her husband filed for bankruptcy in October, facing $10.85 million in debt.

The married couple fell under scrutiny by the opposing trustees in court because of the “shopping spree” the couple went on that included $40,000 worth of furniture, post filing for bankruptcy.

The dispute also revolved around items that normally receive exemption in bankruptcy cases, but might sell for an escalated price because of Giudice’s “celebrity” status, said Trustee John Swylok.

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