Teresa And Joe Giudice Will Be Clear Of More Than $13 Million In Debts!


teresa giudice book signing 220511

Real Housewives of New Jersey star Teresa Giudice and her husband Joe will be back in court July for sentencing regarding pleading guilty to several fraud charges. In a new report from TMZ, Joe and Teresa will erase more than $13 million in debts! They have paid $7,500 to creditors and according to documents, Teresa and Joe have almost no equity in a lot of their belongings!

Below is a listing:
-$1.7 million house with only $140k in equity
-2 properties with no equity
-Maserati, Escalade, a Ford 350 with no equity in them
-Boat, Kawsaki quad, 2 go carts with no equity

The 5 banks which loaned Teresa and Joe a couple more than a million bucks will walk away with nothing. Wachovia Bank got shafted of $5.3 million.

Are you surprised that Joe and Teresa will be clear of their debts?

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