Judge Rules to Reopen Teresa Giudice’s 2009 Bankruptcy Case

Teresa

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 off the majority of her creditors. Giudice has deals to pay off 27 of her 29 creditors. Teresa’s lawyer Carlos Cuevas told Meisel that Giudice now has a payment plan in place with the IRS, which filed a $551,563 tax lien 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

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18 Replies to “Judge Rules to Reopen Teresa Giudice’s 2009 Bankruptcy Case”

  1. If this goes against her she will just get on work had and pay the debts off. That’s all I have to say about this.

    1. I don’t believe that she even intended to pay back any of her debtors and I’m glad the courts are forcing her to do so. However, the chances of her winning the malpractice suit are slim to none.

    2. I came on here to say hello to my sweet Suze. 🙂 I love you! xxoxoxo….. I feel sorry for Theresa. Terribly sorry. I dont give a damn who did what. We’ve all made mistakes and they are paying dearly for theirs. Its sad this never ends. I wish it would.

      1. Lisa, phew! I don’t normally come back to Teresa threads because it’s the same old same old comments which everyone is entitled to but I don’t need to read them. There is one person who thinks I do read ORE but I was told about your last comment! I can assure you I don’t!
        But, Lisa is different because she is one of the sweetest, kindest, funniest people on this blog! Love you Lisa xoxoxoxo❤️❤️❤️❤️❤️❤️
        Best to catch me on another thread! Lol xoxoxoxoxo

  2. When will this broad ever learn? JUST PAY THEM ALREADY, and quit trying to make a fast buck to fuel her own greediness.

    1. She owes her debtors MILLIONS of dollars. How does one ever come back from something like that? Especially someone like Tre who is not very bright and her prospects are pretty limited by her status as a felon.

    1. I saw that on the news this morning as well. I’ll bet people would not feel as harshly about her if she didn’t come out of this still blaming other people. For some reason, I remember years ago on the show, Joe was in trouble for forging signatures for loans and she came on screen and said “SEEEEE, that’s what happens when you tell the truth and we should have never done that”. It was such a juvenile stance that I couldn’t believe an adult would take, but in my own opinion, I truly believe she was probably reiterating that from Joe.

      1. I know. It is hard to watch all of that. Honesty is clearly not the best policy then….right.
        They feel that the world owes them a living, yet they don’t feel they owe anyone else anything at all. They just try to get more for themselves. I do hope any money from the lawsuit goes toward paying their debts.

        1. I’m pretty sure that lawsuit is what drove this to happen and they don’t seem to learn that their actions have consequences. I will say that they probably blindly listen to lawyers as well.

          1. Yes, the lawsuit is what made others take notice. I just wonder now if she will just cancel the whole thing, if she cannot get the money for herself, unless her lawyer is depending on the lawsuit for payment of his own fees and she is already too far in to back out of it.

  3. What did anyone expect? A person with an entire wardrobe and house full of leopard isn’t going to their it’s spots.

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