Giudices Conceal Assets during Chapter 7 Bankruptcy
Posted By Malaise Law Firm on Jul 17, 2010 8:20am PDT
This week, several stories have emerged regarding the details of Teresa Giudice's bankruptcy. Giudice stars on the hit show "Real Housewives of New Jersey" which is aired on Bravo.
Court paperwork shows that Giudice and her husband, Joe, are facing a lawsuit which will prevent them from taking advantage of the debt discharge that is available to those who file for Chapter 7. The lawsuit came about after the bankruptcy trustee, John Sywilok, found that the Giudices concealed documents related to their businesses and financial transactions.
Allegedly, the Giudices concealed information about their interests in a pizza parlor, laundry mat, Teresa's TG Fabulicious clothing and accessories company, and the book she authored, "Skinny Italian". Sywilok says that the couple made false statement under oath about their income, expenses and assets. Next month, the trustee will hold a public auction of the contents that fill the couple's new home. Home furnishings, accessories, tools and a boat will be up for sale.
The Giudices filed for Chapter 7 bankruptcy last fall.
If you are thinking about filing for Chapter 7 in San Antonio, now is the time to speak with a San Antonio bankruptcy lawyer who can help. Contact the Malaise Law Firm now!