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‘New Jersey’ Real Housewife Teresa Giudice and Baby Daddy Broke

How do you make $79,000 a year and be $11,000,000 in debt?  I mean really how can anyone be that broke? 

Well the reality of reality TV comes to the forefront as Teresa Giudice of Bravo’s ‘Real Housewives of New Jersey’ and her husband have filed for bankruptcy because both are broke.

Teresa Giudice

Teresa Giudice

They have filed for protection under Chapter 7 in Newark, New Jersey according to People Magazine.  Apparently her husband’s real estate ventures have taken a turn for the worse due to the economy which is no secret to anyone. 

This is the woman who gave her kids big time parties and shopping sprees while living in a $1.7 million dollar house in Towaca, New Jersey during the series.  You can bet their creditors are really happy right now, you think?


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