For those in the real estate industry it has been a rough time. Teresa Giudice’s husbands construction company is in Chapter 7 bankruptcy and the family is having to liquidate their household to meet the creditors demands of 10.85 million dollars in debt.
For many of us in the real estate world, this is not an uncommon occurance as companies that held out in hopes of surviving the downturn are now going under on a regular basis.
This one is just going to be in the spotight of the Bravo network’s cameras.
“Real Housewives of New Jersey” star Teresa Giudice and her husband, Joe, are set to sell the contents of their 16-room, 10,000-square-foot Towaco mansion in a bankruptcy auction to take place at their home Aug. 22, reported Gawker.
Among the items up for bid will be a grand piano, two LCD TVs, a decorative urn, an antique pool table, a suit of armor, four chandeliers, a jet boat, a snowplow, framed paintings and numerous pieces of furniture, according to A.J. Willner Auctions, the company facilitating the auction. via The NY Daily News