So One of the Real Housewives of New Jersey Recently Learned
A lesson observed from the behavior of two-recently fallen TV reality stars is to let a skilled bankruptcy attorney advise you on the best way to protect your assets during bankruptcy proceedings. Hiding assets didn’t work out so well for two married stars of the “Real Housewives of New Jersey.” According to an Associated Press report published in The New York Times, Federal District Court Judge Ester Salas sentenced Teresa and Giuseppe Giudice to 15 months and 41 months, respectively, in prison, after they were convicted on conspiracy and bankruptcy fraud charges.
The couple attempted to hide numerous assets from the court, including vehicles and jewelry. Those omissions irked the judge into a stronger penalty than she initially considered, which reminds me of the old adage, “Crime does not pay.” (I couldn’t resist.)
If you are swimming in debt and considering the best way out, contact a reputable bankruptcy attorney who can help you prepare effectively and also advise you on ways to protect your homestead and your family during times of financial crisis. Daley Law can help. Contact us at 321.504.9935.