July 29, 2010 07:00 AM by Nancy Floyd
Teresa Giudice, star ofÂ The Real Housewives of New Jersey, is speaking out about her financial troubles, bankruptcy filing, and the forthcoming auction to sell her private possessions. Despite a recent episode of Real Housewives of New Jersey which showed Teresa Giudice and her husband, Joe, enjoying a lavish anniversary celebration, Teresa sets the record straight on her recent bankruptcy and her new attitude in life. Keep reading for more details…
In a new blog onÂ Bravo‘s website, Teresa Giudice addresses the rumors and speculation surrounding her recent financial woes.Â The Real Housewives of New Jersey star writes that the bankruptcy stems fromÂ â€œreal estate deals gone bad in a bad economy.” She adds,Â â€œWe didnâ€™t spend millions of dollars on gold toilets or private planes. We bought buildings, fixed them up. The economy crash trickled down to everyone.â€
The bankruptcy filing is not something that Teresa Giudice or her husband, Joe, are taking lightly.â€œWe worked so hard for so many years and it was heartbreaking to file [for bankruptcy], and not something we took lightly,â€ she blogs.Â â€œ[We] got new jobs, and are working hard once again.”
As for the recent legal woes that have accompanied the bankruptcy filing (including a court-ordered auction which the Giudices’ lawyer is objecting), Teresa Giudice chalks it up to standard legal proceedings.Â â€œIf youâ€™ve ever been unfortunate enough to be involved in a legal situation, you know itâ€™s a lot of back and forth between both sides,â€ Giudice writes. â€œRight now,Â our bankruptcy trusteeÂ is trying to get an auction going, and our lawyer is objecting it. Every day, there are new tactics used, stories circulated, and details ‘leaked’ to the press, but itâ€™s all part of the legal wrangling.”
Regardless of the public’s criticism, Teresa Giudice is trying to keep a good attitude in light of the difficult situation.Â â€œAll I can do is rise above it, keep my head high, and know that at the end of the day, I have my family, my health, and Iâ€™m in Godâ€™s hands,â€ she writes. â€œNothing else matters, certainly not a lamp.”
Want more? Follow our tweets onÂ Twitter and “like” us onÂ Facebook! For other greatÂ The Real Housewives of New Jerseynews, please feel free to check outÂ SirLinksALot: The Real Housewives Of New Jersey and then come and discuss the show on ourÂ reality TV message boards.
For more breaking news about celebrities andÂ entertainment visit our sister siteÂ SheKnows.com!
Photo credit: Bravo