Teresa 'I Flipped A Table' Giudice claims that her and her Juicy husband (aka Joe) will not be selling their house (for now)... So as a look back on what has happened, let's break down their debt that caused them to file bankruptcy:
-8.7 million in liabilities
-2.6 million in mortgages on their three homes
-104,000 on credit cards (including high end department stores such as Nordstrom and Neiman Marcus)
-85,000 in home repairs
-12,000 on fertility treatments
-10.85 million to creditors
What I don't understand is how you can spend SO much if you have so little. According to the couple, they only spend 400/month on clothing. This is interesting, as in many episodes Teresa is seen taking her children for shopping sprees in the 1000's range at high-end children's boutiques. Here's wishing them well on their road to recovering from all this debt.
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