Teresa took to her Twitter account to confirm that the auction has been postponed indefinitely. She appears on the Real Housewives of New Jersey and has recently authored a best-selling book.
When the Giudices filed for Chapter 7 bankruptcy, they listed $10.98 million in debt. They filed their bankruptcy petition in October 2009 and had tried to put some of their personal items up for auction to pay off their debt. Auction was supposed to take place on August 22nd, but was later postponed to October 3rd.
Now, the items will be sold privately and the attorney representing the couple said this measure would ensure the family receives sufficient money for their assets.