Teresa Giudice Auction after Bankruptcy

Teresa Giudice Auction after Bankruptcy – Bidders will get their chance to live like a real housewife of New Jersey. The personality who appeared on the show, Teresa Giudice, along with her husband Joe, recently filed for bankruptcy and will be auctioning off the possessions they gathered living a lavish lifestyle, according to a number of recent reports.
They owned a huge 16 room, 10,000 square foot mansion in Towaco. The house, along with all of the objects inside, will be auctioned off at noon on August 22nd, after the house has been thoroughly inspected.
Some of the items that will be up for grabs include a grand piano, a suit of armor, a snow plow and a Foosball table, according to the auctioneer.

The couple is reportedly in debt for more than 10 million dollars, and do not make enough to pay the amount back any time soon. The couple blames their bankruptcy on the collapse of the real estate market, saying that most of Joe’s ventures in real estate failed over the course of the last few years “despite his hard work and effort.”
Giudice has said that she is looking forward to a fresh start, and hopes that they will be able to adjust to living a lifestyle that suits their means. A number of the wives that appeared on the popular television show have had financial problems as of late, including Orange County’s Tamra Barney, who had to sell her house in a short sale earlier this year to pay off her growing debt.

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