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The Bankruptcy Petition of The New Jersey Housewives’ Stars Teresa and Giuseppe Giudice; Lesson Learned Never Fail to List Assets/Income

January 11, 2023 John J. Scura III

In any bankruptcy petition you must list assets, liabilities and income honestly or you could be subject to an objection to your bankruptcy case or worse be charged criminally. Teresa and Giuseppe Giudice each pled guilty to one count of conspiracy to commit mail and wire fraud, one count of bankruptcy fraud by false declarations. Joe Giudice also pled guilty to one count of failure to file a tax return.

 

The Filed Bankruptcy Petition of New Jersey Housewives’ Stars Teresa and Giuseppe Giudice

Their original bankruptcy petition pulled directly from the New Jersey Bankruptcy Court website that led to their being charged and sent to jail is here.

Lesson learned: You must always disclose everything you own and everything you owe and all the income you make.  

It is critical that your carefully strategize on how to best protect your assets and make sure everything is properly disclosed.  Keep in mind that you can take time and properly plan your bankruptcy filing to suit your situation legally in the best way. Our office will guide you in your pre-bankruptcy planning. If you have questions or wish to develop a strategy on how to best file and prepare your bankruptcy filing, please give one of our New Jersey Attorneys.

 

View the petition here.

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John J. Scura III

John fights hard for his clients and tries to educate them so they understand what is going on with their particular legal problem. John has been Certified by The Supreme Court of New Jersey as a Civil Trial Attorney. Whether it is a personal injury case, bankruptcy case, litigation case or other type of matter, John wants his clients to participate in the decision making process toward solving their problem in the best way possible.

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