Housewive of New Jersey star Teresa and husband filed for divorce last October and are planning to have a public auction Aug 22, 2010. The couple is 11 million in debt according to the New York Post. I was just watching the show last night listening to Teresa claim over and over again that her house was not in foreclosure. The couple is claiming that between the two of them they only bring in $79,000 a year. Now if Housewives of Atlanta women get $100,000 for a season shouldn’t the New Jersey women.
Here are a few of their debt details….
► The bank has moved to foreclose on their $1.8 million home in Towaco, NJ.
► Banks have taken their Jersey Shore house along with another home in Lincoln Park, NJ.
► Teresa owes $12,000 to a fertility clinic.
► They’ve defaulted on payments for their Escalade.
► Joe personally owes $5 million to former partners of real estate deals.
