NJ Housewife Teresa Guidice Bankrupt With Debt Of $11 Million
Guidice and her husband spend to keep up.
There's nothing wrong with making $80,000 every year -- unless you're spending millions more than that. Real Housewives of New Jersey star Teresa Guidice is in serious money trouble after filing for bankruptcy -- look at how she's been spending.
The report comes from the New York Post via Celebitchy, with both Theresa Guidice and her husband pulling in roughly $6,000 every month (she makes $3,000 as a reality star, he makes nearly $4,000 as the owner of a stone and stucco business). It's reported their family help them out every year by contributing $10,000 to their family of six (Guidice has daughters ages 9, 6, 5 and 9 months). Their crazy spending habits, unfortunately, add up to a reported debt of $10,853,648.04.
Check out some of the spending Teresa Guidice's been doing -- yikes!:
"Teresa, known for her lust for designer clothes and expensive bling on the Bravo show, owes nearly $20,000 on credit cards for Bloomingdale's, Nordstrom and Neiman Marcus. In total, the Giudices show $104,000 in debt on at least eight credit cards.
The bank has moved to foreclose on the Giudices' $1.8 million, 10,500-square-foot, eight-bedroom, 5½-bath marble-and-onyx manse in Towaco, NJ, the couple moved into during the first season."
Guidice also spent mega-bucks on a stretch limo and all-out birthday party for her nine-year-old daughter and owes $12,000 to a ferility clinic -- after she told her husband to get a vascectomy...what?! Her husband's cut off in more ways than just that -- he owes $5 million in business deals alone.
Go here for more on Teresa Guidice's spending habits -- it's incredible. Also, check out our story on another scandalous update about famous women onscreen...yep, it's the kiss between Sandra Bullock and Scarlett Johansson at the MTV Movie Awards!
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