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RHONJ Star Housewife Teresa Giudice Speaks Out on Bankruptcy

Posted by erin blakeley on June 8th, 2010 at 9:00 am

51RbhjBc eL. SS500  e1275697480903 RHONJ Star Housewife Teresa Giudice Speaks Out on BankruptcyJust a few days after the New York Post broke the news that Teresa Giudice and her husband Joe Giudice had filed for bankruptcy, the Real Housewives of New Jersey star is coming clean about her financial woes. Well, sort of.

She has admitted to the bankruptcy filing, breaking Dina Manzo’s theory of a rogue hater filing bankruptcy in her name. But if you are looking for a frank discussion of her ridiculous spending habits,  well, there doesn’t seem to be a whole lot of insight going on here. At no point does she say—’hey, maybe I could live in a house that wasn’t covered in white marble, or instead of waving around stacks of cash I should have thrown a few of them into the bank.’ Nope. Instead, she simply blames the economy.

“What is true is that due to the economy, most of my husband’s real estate ventures failed despite his hard work and effort. As a result, we looked to the Bankruptcy Court for a ‘fresh start.’”

So, no talk of spa birthday parties or boob jobs or ringing up $2,000 in clothes in less than 10 minutes. Still, her admission is admirable in the sense that while Giudice is a rather extreme example of runaway spending, she is hardly the only person out there these days whose debts exceed her income. And her upbeat candor about the experience is helpful to other people out there who are sitting under a mountain of bad credit and feeling overwhelmed.

“When people fall, the way to success is to get up and learn from our mistakes,” Giudice told People. “We are in that process.”

Of course, in my own way, I fear that I have contributed to Giudices’ problems, in the sense that I sit at home rooting for her to keep on spending. White marble? Don’t they make pink marble? Couldn’t you rip it all out and start over? Doesn’t Audriana need a fur stole? Couldn’t Gabriella’s leopard hair bows be diamond encrusted?

Sigh. Here’s to hoping the Giudices right their financial woes, and fast.

Source

 RHONJ Star Housewife Teresa Giudice Speaks Out on Bankruptcy

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33 Comments

THIS IS THE ONE PERSON I AM SO GLAD THIS HAPPEN TO. SHE IS SO PITIFUL STATING SEH CANT SEE HER LIVING IN A HOUSE THAT SOMEONE ALREADY LIVED IN. UGH. I HOPE THINGS GET REALLY REALLY BAD FOR HER. SHE NEEDS TO SEE WHAT STRUGGLE IS LIKE WITH THOSE SPOILED ASS KIDS

chey commented on Jun 08 10 at 9:22 am

THIS IS THE ONE PERSON I AM SO GLAD THIS HAPPEN TO. SHE IS SO PITIFUL STATING SHE CANT SEE HER LIVING IN A HOUSE THAT SOMEONE ALREADY LIVED IN. UGH. I HOPE THINGS GET REALLY REALLY BAD FOR HER. SHE NEEDS TO SEE WHAT STRUGGLE IS LIKE WITH THOSE SPOILED ASS KIDS

chey commented on Jun 08 10 at 9:24 am

Agree with Chey. Teresa thinks her sh– don’t stink. she thinks she is better than everone else. She is an ugly person and her daughters, are ugly as well inside and out..spoiled brats. Their house is too big and boring…..she needs to come off her high horse and be more gracious.

janis commented on Jun 08 10 at 9:48 am

I NEVER LIKED HER FROM SEASON 1, SHE REMINDS ME OF FRANKENSTEIN WITH THAT HAIR. HER HUSBAND IS ALOT BETTER THAN SHE IS. THERESA IS MONEY HUNGRY, MATERIALISTIC WOMAN THAT NEEDS TO GO BROKE AND HOMELESS. I HOPE SHE WIND UP IN A SMALL CRACKER JACK BOX APT BEING A SINGLE MOTHER STRUGGLING TO MAKE ENDS MEET WITH ALL THOSE DAM SPOIL BRAT KIDS. SHE NEEDS TO TAKE LESSONS FROM KIMORA LEE SIMONS AND LEARN TO GIVE BACK, TEACH HER KIDS TO BE MORE HUMBLE AND GRACIOUS. KARMA IS A BITCH. GOOD FOR YOU THERESA

THATS WHAT SHE GET!!!!!! commented on Jun 08 10 at 10:03 am

I WANT BE BUYING HER BOOK. SHE DONT NEED TO PROFIT OFF OF PEOPLE THAT IS HUMBLE AND THAT IS NOT MONEY HUNGRY AND BENEATH HER.

GOD DONT LIKE UGLY commented on Jun 08 10 at 10:43 am

she is just another opportunistic, jealous goon; i certainly don’t want ANY of my tax dollars helping her out of a situation she brought completely on herself

just ugly white trash —- maybe she can flip tables for a living

mojo commented on Jun 08 10 at 10:51 am

Danielle’s daughters are georgeous and refined. Danielle did something right raising her daughters,,TERESA ARE YOU LISTENING?
Teresa’s daughters, Gia and Melania are about as homely as she is,,how the hell can Gia be a model with that face and spoiled brat attitude…cannot stomach that ugly little moron. Joe had it right when he called her ugly. Get the kid a nose job!!
Jacqueline, your daughter Ashley needs her ass whipped .
Teresa, get a friggin job and stop spoiling your kids
Dina, you got it right
Caroline, stop the Thick as thieves drama, we are tired of it already.

Danielle’s daughters are georgeous and refined. Danielle did something right raising her daughters,,TERESA ARE YOU LISTENING?
Teresa’s daughters, Gia and Melania are about as homely as she is,,how the hell can Gia be a model with that face and spoiled brat attitude…cannot stomach that ugly little moron. Joe had it right when he called her ugly. Get the kid a nose job!!
Jacqueline, your daughter Ashley needs her ass whipped .
Teresa, get a friggin job and stop spoiling your kids
Dina, you got it right
Caroline, stop the Thick as thieves drama, we are tired of it already.

..

janis commented on Jun 08 10 at 11:03 am

I think it’s a shame that while they are viewed on TV living a very high end lifestyle (and actually getting paid for the show!!) they are in the background filing for bankrupcy– taking no responsibility for their excessive spending! They won’t learn anything from this. I don’t see Teresa shopping at Target for her kids clothes, let alone her own! She is over the top, self-important, self and over indulgent and will never realize the error in her ways b/c in her mind, she is far above all other people and isn’t subject to “typical” rules, morals, etc.

LogicalMama commented on Jun 08 10 at 2:27 pm

I am not gonna wish anyone bad will, or call anyone’s children ugly, that would be horrible, I will say to live within your means, it is the only way and will be better for the children, in the long run it will be hell now. I also agree Jaquline’s daughter needs a dose or reality too, but look around most girls her age behave the same way or worse

Donnag commented on Jun 08 10 at 2:35 pm

I am embarrassed to say I live in the same town as these women… Dina seems to be the most sincere one out of this Guido bunch…Teresa’s daughter looks like she should be playing football instead of modeling…and how do they stand living in a house that echos even in the bedroom… she got what she deserved…and Danielle – get over it with the Manzos… you go to a fund raiser for a baby with protection… and you didnt get thrown out… there weren’t enught seats for your hells angels entorauge!! The Manzo’s cant stand Danielle, yet she is the topic of conversation at the dinner table.. get off the show and get lives, ladies !!

roma commented on Jun 08 10 at 3:18 pm

I like Teresa and i will buy her book and i hope daniels ends up as a hooker to support her two daughters yes those girls are humble but their mom is a sorry piece of trash

Riley commented on Jun 08 10 at 5:22 pm

Get real people….your comments are insane…and are all of you iliterate????

Mary commented on Jun 08 10 at 11:15 pm

MARY!!! I THINK YOU ARE “Illiterate” YOU MISSPELL SWEETIE… LEARN HOW TO SPELL LADY BEFORE YOU TRY AND CRITICIZE SOMEONE ELSE YOU DONT EVEN KNOW HOW TO SPELL AND PEOPLE CAN SAY WHAT THEY WANT. LAST TIME I CHECK !!!

please commented on Jun 09 10 at 11:51 am

Hey Mary–learn how to spell before you call others illiterate.

This POS is GARBAGE, just like the rest of the cast. I will no longer watch any of these shows or Bravo. They all disgust me!

Anita Vacation commented on Jun 09 10 at 2:00 pm

To anita vacation…check your spelling, its “POST is GARBAGE”. Mary was just trying to make a point on how insane these comments are. Leave the children out of them, they are underage!!!

B commented on Jun 10 10 at 4:54 pm

Hopefully they will learn from this bankruptcy. If nothing else Teresa is entertaining. But I sure wish they’d take Danielle off the show. What a piece of trash!

Gina commented on Jun 11 10 at 12:01 am

PS How can people say such ugly things about children? They are innocent products of their environment. What would people say about you if you were on tv?

Gina commented on Jun 11 10 at 12:03 am

B you are a moron… POS means piece of shit!!! OMG its some dumb people in this world and anita vacation i agree with you. These people that support them obviously think their poop dont stink either

what?? commented on Jun 11 10 at 7:42 am

And the nerve to name her sauce after Danielle! Yes, she named a sauce in her book puttanesca sauce, which means prostitute! They are so judgmental, WOW! Danielle is not perfect, but I’ve NEVER seen so much hatred from a gang towards ONE person! Talk about HATEFUL!!!!!

Crissy commented on Jun 14 10 at 1:31 pm

I think people don’t understand that they owed multiple businesses.. It coast a lot of money to open any kind of business, a lot of their debt is from loans spent on the business. I think it’s sad people are “happy” this has happened to them. If someone has money and makes money and wants to spend it on whatever, then it’s their business. They did work hard, and things didn’t fall in their favor, get over it. I can’t stand when people think “its not fair” when people work hard and make a lot of money. Try to get off your asses for once instead of expecting a free handout. thanks!

Jen commented on Jun 15 10 at 8:32 pm

I happen to like Teresa. Out of all the housewive shows she is the only one that doesn’t have a nanny; a housekeeper and cooks a family meal everynight. She runs those kids everywhere; does it by herself.Give her some credit. As for people commenting on the looks or attitudes of children is wrong. Those doing so may watch for a thing called karma; your children could have an accident and become disfigured or anything, so as to that; it’s wrong. If you don’t like her fine but keep innocent children out of things. Yes, if she’s under financial straim then she should buy what she needs not what she wants, it seems she has alot already so she could cut down but again that’s not her business; she knows her business; we only know what’s printed. Some of you have commented on how well Danielle has rased her children; Danielle, to me should be off the show, her children should be embarrassed; they’ve been exposed to too many men, they’ve even told her the men only want her “goodies”, now a masturbation tape. She hangs around with thugs, real good company to expose your kids too. They are smarter than she is; thank God. You all pick on Teresa but you forget that Danielle is broke but drives a new SUV, drinks Starbucks almost every scene, has luncheons for herself not her daughter, where does she come up with that money? She says she’s to pretty to work and if you do some digging you’ll find some true info on her. Teresa posted the link to the info on one of her blogs, find it and read it, Danielle is trash, you are what you run with. Hoping for someome to go broke is bad; many as well as myself own a couple of businesses; I have a nice home and our businesses hit bottom at times, we do save money for those times but there is such a thing as filng bankruptcy on your business debt and keep your home. Sounds as though that’s what they did; whuch was smart.Now they can learn to spend wisely and lessen their load. So, people that comment; please have a little respect for others, we don’t know these people ans give credit where it’s due, they made a business choice and took responsibility for it.

Leane commented on Jun 16 10 at 10:45 am

For those of you picking at each other about spellcheck, no I didn’t do a spell check so sue me but yes, I know how to use it; simply forgot. I also made the statement it’s her business not ours I did cross my wording a little so you can save your time reminding me. I posted this in hopes for Teresa to see anyway.

Leane commented on Jun 16 10 at 10:50 am

I didn’t spell check; don’t need any petty remarks concerning it.

Leane commented on Jun 16 10 at 10:52 am

A few points I would like to make…First, although I don’t always agree with the way others raise their children I do find it classless and tacky when full grown adults make nasty comments about children. Pick on someone your own size! Spoiled or not Teresa’s kids only know what they have been taught. They have a lot to learn throughout life. And, I for one am not rich. I never came from a privileged home. At times I do think about how nice it would be to live a carefree and easy lifestyle but I don’t sit and bitch about how I think that certain people should lose all their money and homes. Especially if they do have kids. Terrible things like that happen all the time and when it does it truly is awful. I don’t wish that on anyone. So basically to all of you that have nothing but bad, ugly things to say about people with a lot of money, nice cars, or big houses…maybe you should start thinking about what positive things you could do to earn that type of lifestyle and stop being so jealous. Perhaps it should start with you going back to school since most of you who wrote the nastiest things could barely spell or speak correctly. Learn the English language and some grammar. And the second thing I wanted to mention is that I never see many people bash all of the rappers out there who have filled their filthy mouths with diamonds and gold. Or the ones who have tons of cars, motorcycles and boats. They too have multiple houses and live extravagant lifestyles. Oh, and lets not forget the ones who have dozens of children with all different women. What about those people?? Nobody ever says anything about them.

Mia commented on Jun 16 10 at 11:45 am

all I can say to TG is you are getting your just deserts. right or wrong about Danielle..doesn’t matter. when you said you wouldn’t live in a house that someone else already lived in because it was just “gross” i knew i was going to have problem with you. i’m sure you be fine though. i feel sorry for your children the most because you have raised them to be so materialistic and to only see people from the outside…not a good idea. i hope you can turn your life around before it’s too late.

amercnwmn69 commented on Jul 01 10 at 3:31 am

You guys are so mean and ridiculous. What kind of person calls a child ugly and says they need a nose job? Are you ppl crazy?

Youmeanbitchesshouldgetalife commented on Jul 12 10 at 6:40 pm

Will RHONJ survive the restaining orders the “girls” have on each other. How will they stay apart.

Penny commented on Jul 15 10 at 9:07 pm

Dear “That’s what she get”,
Frankenstein didn’t have hair.

Please learn the english language commented on Aug 04 10 at 4:31 pm

Teresa’s spoiled little girls are monsters, and the two oldest look like Reagan McNeil from the Exorcist…ugly kids with flat noises and eyes the color of sewer water. And speaking for noses….Dina and Caroline deserve to share an award for best potato noses on TV…Jennifer Aniston will be glad to give up the title. And last but not least, LIKE, that brainless, LIKE, moron with fat arms and no lips, LIKE, named Ashley…..what a DOG. The only reason she has a boyfriend, LIKE, is because shes on TV!

Eric commented on Aug 04 10 at 8:19 pm

As it is mean to be calling little girls ugly, I truly believe people are doing this because they are tired of hearing Teresa refer to her daughters as beautiful. Get over yourself Teresa, mothers will little girls who are truly gorgeous don’t walk around constantly mentioning how beautiful their daughters are. Teresa is started to get very boring, and quite thugish. Teresa should start behaving like an adult, and get off hewr high horse, as she is not that terrific as people have led her to believe.

Rhiannon commented on Aug 13 10 at 2:00 pm

As it is mean to be calling little girls ugly, I truly believe people are doing this because they are tired of hearing Teresa refer to her daughters as beautiful. Get over yourself Teresa, mothers will little girls who are truly gorgeous don’t walk around constantly mentioning how beautiful their daughters are. Teresa is started to get very boring, and quite thugish. Teresa should start behaving like an adult, and get off hewr high horse, as she is not that terrific as people have led her to believe.

Rhiannon commented on Aug 13 10 at 2:00 pm

Ashley may not be that attractive, but that is certainly the least of her problems. She should curtail her disrespectful behavior, and stop behaving like a hitter. Her bopyfriend appears to be losing patients with her. He should run for the hills, as she is just too dumb. I feel sorry for Jacqueline for having to put up with Ashley.

Rhiannon commented on Aug 13 10 at 2:03 pm

Gia is one homely moneky faced little goon and all TG’s brats are evil looking and so spoiled. Gia would NEVER make it as a model. She’s hideous. When TG took them shopping, her brats acted like scum. I hate these trashy hooker looking women. Caroline looks like a quarterback in that blue one shouldered dress-she looks like a HUGE Wilma Flintstone. I think Caroline is a witch and a ugly worthless miserable harpy.

Lisa Pennington Jones commented on Oct 16 10 at 11:40 pm

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