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‘Real Housewife’ Teresa Giudice files for bankruptcy

HollywoodNews.com: It is very unclear how the housewives on “The Real Housewives of New Jersey” get their money, but we figured the show just didn’t highlight those avenues.

Housewife Teresa Giudice is always seen flaunting fashion, diamonds, and a nice house, but it looks like the honeymoon is over. Her and husband Joe have filed for bankruptcy. She told People, “While this is a personal matter, I realize that certain aspects of my private life will always be subject to scrutiny and distortion. What is true is that due to the economy, most of my husband’s real estate ventures failed despite his hard work and effort. As a result, we looked to the Bankruptcy Court for a ‘fresh start.’”

Court papers reveal that they filed for Chapter 7 bankruptcy in October of last year and since then the couple has had to undergo credit counseling.

This reminds us of the time when “Real Housewives of Orange County’s” Lynne Curtin almost filed for bankruptcy after living well beyond her means.

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