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You are here: Home / Entertainment News / Two New Jersey “Housewives” Have Bankruptcy Issues

Two New Jersey “Housewives” Have Bankruptcy Issues

August 18, 2017 by tamaratattles 40 Comments

When I write my manifesto, I am going to explain why you don’t give dumb people large sums of money. Today, I am applying that rule to Jacqueline Laurita. If you recall, the Lauritas have all kinds of financial problems. Chris Laurita stands accused of siphoning money from a business partnership to fly on private plans and live high on the hog with Jacqueline. I gave up following that case because the attorneys involved were so bad at writing legal motions it was impossible to follow. I presume that case is still ongoing. Also, anytime I mention the Lauritas, some New Jersey resident will always pipe up in comments to say that they owe the state of New Jersey a ton of money in unpaid taxes. A brief Google search shows they currently owe the state, $338,337.05. I presume the likely owe the IRS as well.

In 2015 when Jacqueline was only a friend of the housewives, their bank foreclosed on them for not making the five figure monthly payments on their home. Then, in 2016 Jac went back to full time on RHONJ. She caught up the payments and her house was out of bankruptcy. She also did a bunch of remodeling. Then she was fired. And now the bank has once again foreclosed on the house, according to Vicki Hyman at nj. com

Am I the only person who gets anxiety when I don’t have enough money to live at least six months in the bank? Am I crazy to think that when the Bravo check comes you set aside enough to pay the mortgage for a year before you start getting cosmetic surgeries and redecorating the entire house?

Rest assured that the Lauritas will blame this all on their special needs son rather than insisting on living in a house they clearly can no longer afford, or their inability to budget their finances properly. Let the victim noises begin.

In other New Jersey news, Teresa is still in court suing her bankruptcy attorney who she blames for her prison sentence. I will never understand why any court would give her the standing to sue her bankruptcy lawyer. Clearly, Teresa failed to disclose several assets during her 2009 bankruptcy filing. She did not disclose the to the court OR HER BANKRUPTCY ATTORNEY. That is part of what she went to prison for. The attorney can only file the paperwork based on the information she discloses. It is certainly not his fault that she went to numerous banks and lied about being a real estate agent, or a candle stick maker and produce false w-2 forms showing income that she did not have. And yet, he is stuck tied up in court with this grifter who wants a financial settlement from him.

Vicki Hyman of nj.com reports that Teresa’s case is at a standstill and that her attorneys have motion for a status hearing.

In the letter to Judge Stacey Meisel, who must approve any settlement, Giudice’s lawyers are slamming James Kridel, the Clifton attorney who represented her in the bankruptcy proceeding that helped lead to Giudice’s year-long prison stint for bankruptcy fraud. Giudice’s lawyers accuse Kridel of “bad faith litigation” and a “scorched earth defense.”

They argue that his stonewalling is an attempt to run up Giudice’s legal fees and to exhaust Kridel’s own malpractice insurance policy before a settlement is reached or the case can come to trial.

Just typing about all of this scamming and the mountain of debt involved is stirring up my anxiety and it is not my debt. Meanwhile, Jac is writing a health and fitness book. 

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Filed Under: Entertainment News, Jacqueline Laurita, Real Housewives of New Jersey, RHONJ, Teresa Giudice Tagged With: 41 counts, Bank Fraud, Bankruptcy, Foreclosure, Fraud, Jacqueline Laurita, Real Housewives of New Jersey, RHONJ, Teresa Giudice

About tamaratattles

Come for the tea. Stay for the shade. Not for the easily offended. You're a special snowflake just like everyone else.

Comments

  1. Trish Stack says

    August 18, 2017 at 6:35 pm

    Jac. writing a health and fitness book – sounds like an oxymoron to me. I wish she would just go away!

    I can’t wait until Kathy has to leave her new house. Her husband gives me the creeps.

    This Housewives series needs to die, now!

    Reply
    • Sharon says

      August 18, 2017 at 6:57 pm

      Kathy lived well within her means and frugally for years. Teresa made fun of her for not getting a designer bag until she was 40. Meanwhile, they managed to pay off their home, and sell it for 3 times what they paid for it, send both kids to college and build their dream home by living within their means for 25 years. Who is laughing at whom now….aaay Teresa?

      Reply
      • Laura says

        August 18, 2017 at 7:23 pm

        I agree. The Wakiles weren’t living overpriced, outsized home just to appear to have more than they did so the RHONJ audience would be impressed. They have nothing to prove to anyone. I wish them all the happiness and luck in the world.

        Reply
      • rebecca says

        August 19, 2017 at 10:12 am

        I agree that the Wakiles seemed like the most down to earth of the NJ families. They seem to live within their means and Richie has an actual business that generates real money. Aside from Al Manzo, that seems to be a rarity in NJ HW land.

        Reply
    • Oopsey! says

      August 18, 2017 at 9:04 pm

      I agree. TIred of Jaq. I wish the Wakiles never happened.

      Reply
    • tamaratattles says

      August 18, 2017 at 10:02 pm

      Kathy and her husband are wonderful people according to numerous people that have interacted with them both in Fort Lauderdale and New Jersey. I never hear a bad thing about them except from people watching a reality show.

      Reply
      • Metalneck says

        August 19, 2017 at 11:24 am

        Thank you for being the “voice” of reason regarding the Wakiles! Someone ALWAYS has to say something negative when you have an actually decent person on a reality show. I appreciate you and your blog- you are one of the few honest commenters on the web!!

        Reply
        • Shawn says

          August 19, 2017 at 9:05 pm

          Decent people would not come on a reality and air their dirty laundry and openly discuss a family feud with others for air time. Regardless of how you feel about TG, they saw her with her books and such, got jealous, came on the show to drag her down so they can get the notoriety they feel they deserved. You don’t treat family that way. No matter how horrible they are. I dislike the Wakilies and Gorgas for that very reason.

          Reply
          • tamaratattles says

            August 19, 2017 at 9:58 pm

            See, the Wakiles are good people though. They didn’t support all the shit Teresa did that got her sent to prison.

            Reply
      • Barbara Timms says

        August 19, 2017 at 3:00 pm

        Yas! I always felt that too! They always came off as sincere and real, especially because they didn’t go for the “look at what I have” storyline. I have only heard bad things from the reality show watchers. REally?

        Reply
      • Pecksniffiant says

        August 20, 2017 at 3:09 pm

        Kathy Wakile was always reasonable, sweet & down-to-earth on RHONJ. The fact that she saw through TreApe & Melissa’s lies & hypocrisy was refreshing to watch, as a viewer. However, in the bizarro world of Andy Cohen’s Bravo, decency cannot be tolerated! Kathy & Rosie had to be fired to appease the most vile, backstabbing criminal of all the housewives: Teresa Giudice! Bravo & Andy have helped pay down her debt & empowered her to continue in this lawsuit against Kridel. I pray the judge throws the book at her!

        Reply
    • Lawstangel says

      August 19, 2017 at 1:08 pm

      So…you want Kathy and her kids out of their house on the street because you don’t like Richie? Nice!

      Reply
  2. Chelle says

    August 18, 2017 at 7:09 pm

    You’d think Jacqueline and Chris would rather spend the money trying to get out of their mess rather than on Jacs millionth tummy tuck.

    Reply
  3. MizGrandma says

    August 18, 2017 at 8:41 pm

    I’ve been cleaning out my closest & discovered a very expensive sweater that has to be the gaudiest ugliest thing I’ve ever seen. I have no idea how it got there, & the only thing I can think of is that the ugly sweater fairy got lost somewhere between New Jersey & Bollywood & had to make a rest stop here in rural North Carolina. I think I’m going to put it on ebay & suggest it as part of a Halloween costume for someone who wants to dress up as Teresa Guidice. It’s NWT & I’ll take Best Offer.

    Reply
    • Metalneck says

      August 19, 2017 at 11:26 am

      Bahahaha, love it!! (Your comment, NOT the sweater!)

      Reply
  4. KaraW says

    August 18, 2017 at 10:17 pm

    A health and fitness book? I’d rather read one written by Teresa…. at least she learned yoga in prison.

    Reply
    • T D says

      August 19, 2017 at 6:45 pm

      She has the downward dog position mastered. Her trademark move.

      Reply
  5. LINUSSPACEHEAD says

    August 18, 2017 at 10:31 pm

    Let’s face it.
    Don’t go on a housewives show unless you are the real deal rich.
    Real housewives history shows us faking it won’t make it.

    Reply
  6. Calipatti says

    August 19, 2017 at 12:47 am

    I enjoyed Kathy and her husband, I could see his off center humor not being to everyone’s taste. I thought he was respectful of everyone.
    I admire them for how they have raised two children to be awesome adults.

    Off topic, Drs appt. at 8:30am I still had to wait 55 minutes., how the f*** could he already be backed up? Then waited 45 mins in Apple Store, (a zoo) then 30 minutes for prescription.
    High note, tow truck driver was early!
    Absolutely rotten day, eating dark chocolate liqueur in bed. Ahhhh

    Reply
    • Sliceo'pie says

      August 19, 2017 at 3:50 am

      I hate waiting! I can empathize. I get anxiety at the thought of getting stuck waiting at the car dealership or even worse, the doctor/dentist!

      Reply
    • Twilly says

      August 19, 2017 at 9:55 am

      The doc probably showed up late. I used to work for a doc that did that all the time. Schedule first appt for 9am and not even get to the office until 9:20, then check her emails, make a call or 2 and settle in. Used to piss me off so much!

      Reply
      • Metalneck says

        August 19, 2017 at 11:36 am

        Yep, I believe you nailed the real reason for Calipatti’s doctor’s delay!!

        Reply
    • justanothermary says

      August 19, 2017 at 10:31 am

      Ritchie respectful of everyone? He’s made very crude comments about Kathy, Melissa and Teresa as well as cruel statements about the weight of his daughter’s friends at college. I wouldn’t call him respectful.

      Reply
      • Katherine 2.0 says

        August 21, 2017 at 6:26 am

        Agree, Mary. Not a fan of Richie Wakile and his attempts at “humor,” or the Wakiles obsession with the Guidices. They seemed to take a lot of pleasure out of watching a family member go down the tubes. I do applaud them for not being stupid or criminal with their money and assets, though. Geez. Now we are giving trophies to folks for acting like the adults they are.

        Reply
    • Metalneck says

      August 19, 2017 at 11:30 am

      Love your positive attitude, even when that little black cloud overhead seems to be showing off. Bless you, and like what you said about the Wakiles… I always thought they were the nicest couple on reality tv.

      Reply
  7. Calipatti says

    August 19, 2017 at 1:17 am

    TT, yes I agree about spending money and how to save. There were times I did not have much put away and I felt uneasy. My main focus was paying off my home as fast as I could. My ex disagreed bc tax reasons,I did not allow any 2nd mortgages or credit lines. Finally bought a low cost rental he could play with.
    My home has been paid off for a little over 15 years and it feels good. No credit card debt and no car loans.
    Bragging but I’m so sick of being frugal.
    I really want spa days, travel more, dress better. not more cloths just all good pieces. Being frugal has become a habit but I’m not feeling it anymore.
    Does that make sense to anyone?

    Reply
    • Sliceo'pie says

      August 19, 2017 at 4:02 am

      You’ve been SO disciplined, how about trying a bit more moderation and treating yourself to a massage once a month (maybe not the fanciest spa in town but a nice masseuse), hit some nicer stores but buy the pieces on sale. I love cashmere sweaters and nicely cut blazers. Go on a nice trip once a year! We’ve traveled a lot and stayed in apartments/ condo’s (thru Air b&b or VRBO) in the U.S. and in Europe. The apartments were always really large, neat and often the same price or less expensive then a hotel for triple the size. In Europe the apartments had so much character and it’s fun shopping in local supermarkets. I don’t like eating out for every meal.

      Reply
      • Calipatti says

        August 21, 2017 at 4:24 am

        Great ideas. I traveled to BKK for a wedding, stayed 10 days sightseeing on my own. I had a absolutely wonderful time.
        Learned when possible I’m flying with Japan Air or Nippon Air, I was treated so well.
        Thank you again.

        Reply
  8. Wolfpup55 says

    August 19, 2017 at 1:34 am

    Can anybody let me know when was Jackie fired from the Housewives.? And why Teresa still on there when she lied to the government etc etc etc and still lying and still trying to con people out of money.

    Reply
    • tamaratattles says

      August 19, 2017 at 10:45 am

      There hasn’t been a Jackie on the show.

      Reply
      • Viki says

        August 19, 2017 at 1:20 pm

        I believe she is referring to Jacqueline Laurita…

        Reply
      • Marcy says

        August 19, 2017 at 4:44 pm

        Jackie is short for Jacqueline.

        Reply
        • tamaratattles says

          August 19, 2017 at 5:37 pm

          No, it’s not. She does not go by Jackie.

          Reply
    • Viki says

      August 19, 2017 at 1:34 pm

      I wish I knew the answer to that one.. I cannot stand Theresa anymore! I mean, I somewhat get why she was on last season because she just got out of “camp”, but now there’s no reason for her to be on any longer! She’s annoying, boring, and just pathetic now! Melissa has taken over, which is annoying to watch too, but what are you gunna do? I love Joe, he cracks me up, but Melissa is on another level of look at me look at me.. And I don’t wanna! I love Jacqueline Laurita! She is the everyday girl whether you like it or not! Does she spend a lot of money? Yeah.. Does she get plastic surgery? Yeah.. Does she get her feelings hurt and get out control? Yeah.. Is she a good mother? Yeah.. Is she good wife? Yeah.. Is she funny? Yeah.. Has she made mistakes? Yeah.. Does she own up to them? Uh.. Sometimes yeah.. She’s great for the show because she has her ups and downs, and its not just about her son! For all you haters of Jacqueline.. Check yourself before you can check up on her!

      Reply
  9. Kathyd says

    August 19, 2017 at 2:15 am

    TT agree about anxiety over finances. I have never understood the bad-taste lifestyles the NJ housewives had. Certainly, I never understood throwing money away like that. My question is always, “Do they know what they are doing? Do they need that massive kitchen that is too clean?”
    The Lauritas will blame their son’s struggles for their financial problems. As for the Guidice issue, she appears utterly clueless. Which (I am sure) is how she wants to appear. She is dumb like a fox.
    I liked the Wakiles.
    In local drama, the eclipse traffic is already insane. A 20 min grocery run took 55 min on secondary roads. I considered iced wine for my travel mug. Most communities in the path of totality have festivals to celebrate. But I hear no one expected the visitor turn-out. My daughter asked me to make eclipse cookies for her class. That is my contribution. (Shortbread rounds with a hershey kiss pushed in point first)

    Reply
    • Skeeter says

      August 19, 2017 at 5:59 am

      Eclipse cookies – what a great idea! I’ll have to make them for the grandsons, they’re coming up today for a cookout.

      Reply
  10. Margaret Shepard says

    August 19, 2017 at 4:54 pm

    Chris Laurita and his brother were accused of stealing from Signature Apparel like 5 or 6 years ago, I believe. Actually they were accused of all that spending on trips, cars etc going back to the start of Jersey Housewives. How do these people keep evading justice?? That guy on Jersey Shore Mike Sorrentino was also accused of felony tax evasion or something equally serious years back . He is now about to be on that Jersey Shore reunion show tomorrow. How do these Jersey people manage to do this. Feels like if it were one of us, we would be already serving sentences. Don’t even get me started on Theresa!! Gesh.

    Reply
    • Peachy Keen says

      August 19, 2017 at 5:02 pm

      Agree on all! Why do these people.. deserve an moment of time. .. My thoughts go to “camp” and lawyer time!

      Reply
  11. Pugmum says

    August 19, 2017 at 8:32 pm

    I have always liked Kathy and even Rich. I think they deserve a great house. But it’s so ugly. Well, at least the outside. The inside is quite nice though. Safe, but nice.
    each to their own I guess.

    Reply
  12. Ingrid says

    August 19, 2017 at 9:05 pm

    If I owed that kind of money I would just pace the living room, back and forth, not eating, not sleeping……

    Reply

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