A federal judge has reopened RHONJ star Teresa Giudice’s 2009 bankruptcy case. In 2014, Teresa and her husband Joe plead guilty to bankruptcy fraud.
Giudice finished her 11-month sentence in December after she and her husband, Joe, admitted they hid assets from bankruptcy creditors and submitted phony loan applications to get $5 million in mortgages and construction loans.
NJ.com reports Teresa’s attorneys told a federal bankruptcy court judge on Tuesday that she has agreements to pay offÂ the majority of her creditors. Giudice has deals to pay off 27 of her 29 creditors.Â Teresa’sÂ lawyer Carlos Cuevas told Meisel that Giudice now hasÂ a payment plan in place with the IRS, which filedÂ a $551,563 tax lienÂ against her last year.
Giudice has been trying to block the reopening of the case.
“It was always her intent to pay her bills,” Cuevas said.
“Satisfied means paid in full in my book,” Meisel told Cuevas and co-counsel Anthony Raining. “There may have been a satisfaction of a number of creditors, but the fact remains that creditors still exist.”
Judge Stacey Meisel’s decision to reopen the case could mean unsatisfied creditors might be able to collect potential proceeds from a lawsuit Teresa has filed against her former bankruptcy attorney, James Kridel.
Photo Credit: Bravo