Real Housewives of New Jersey‘s Teresa Guidice and husband Joe have filed for bankruptcy!
Sure she lives in a huge mansion, drives fancy cars, and spends lots of money on tacky clothes, but sources are saying that Teresa and Joe spend WAY beyond their means with a debt of over $11 million.
The couple filed for a bankruptcy petition in a federal court in Newark, New Jersey, listing $11.8 million in debts, including $5.8 million on several business investments, $2.6 million in mortgages on three homes, $104,000 in credit card debt, and $12,000 owed to a fertility clinic. (Didn’t we see her tell Joe to get a vasectomy??)
She’s even claiming to only spend $400 a month on clothes even though we saw her on an episode last season drop over $2000 on designer clothes during a shopping trip with her daughter!
Yikes!
We hope Teresa won’t have to resort to prostitution whoring to pay all those bills!
[Image via WENN.]