Real Housewives of NJ's Teresa Giudice 'Humiliated' Over $11 Million Debt
Sep. 1 2010, Published 3:11 p.m. ET
Yes, the economy is even hitting the Real Housewives, such as New Jersey native Teresa Giudice.
The once-free-spending 37-year-old reality star talks in-depth about her family's money problems -- to the tune of being $11 million in debt -- in the upcoming issue of In Touch.
Real Housewife Teresa Giudice Is A Real Shopoholic Deadbeat, Say Court Papers
"I was humiliated," she told the magazine of her reaction after learning the news she'd have to declare bankruptcy alongside her real estate developer husband, Joe.
"Joe thought things were going to get better," said Giudice, whose epic spending sprees have made for content on the show.
Despite her husband’s initial optimism, Giudice said things kept trending downward financially for the Garden State couple.
She told the magazine that that she and her husband "have learned a lot from our mistakes," noting that he's now imposed a limit on her credit card spending in the wake of their money woes.
NJ Housewife Home Is In Foreclosure
"It's brought us closer together," she said.
Guidice is currently seeking a raise from Bravo, the network that broadcasts The Real Housewives Of New Jersey.
RELATED STORIES:
Caroline Manzo In Shock Over Teresa's 'Ugly' NJ Housewives Reunion Behavior
Real Housewives Of New Jersey Join Off-Broadway Show -- 'My Big Gay Italian Wedding'
EXCLUSIVE: NJ Housewife Teresa Giudice Says She Only Owns Costume Jewelry