Seriously with the "where'd you get that from?" when Andy asked her if she hadn't withdrawn her bankruptcy petition & had been found guilty of bankruptcy fraud she & Joe could have gone to jail. I wish TO GOD that Andy would have replied: "Where'd I get that from? I got that from Section 523(a)(2)(A) of the Bankruptcy Code that provides that those found guilty of bankruptcy fraud are not only denied relief under the code but can be fined up to $250,000 and/or five years in federal prison."
In fact, I'm posting that shit on Andy's FB wall to tell him so.
I understand Teresa is a complete moron but is she so stupid that she thinks the rest of us are stupid? I know exactly what happened in her case -- she wants to pretend she withdrew her bankruptcy petition because she *wants* to pay back her debts but that's bullshit. Her attorney told her the court was going to find her & Joe guilty of bankruptcy fraud (because they did commit bankruptcy fraud by hiding assets, etc) and she would be stuck paying back the debt and fined & sent to jail. So she withdrew the petition. Sure, she's stuck with the debt but doesn't have to worry about paying a fine or going to jail.
And, personally, I'm pissed the court allowed her to withdraw the petition (because the court didn't have to let her withdraw once accusations of fraud were made by the trustee), but I also can figure out what happened there too. The trustee already sold the real property they had & he got the $$ from Teresa "buying back" the household goods so there wasn't anything left for him to sell anyway, so why bother pursuing the fraud charge (bankruptcy courts hate pursuing that shit as they are backlogged with cases). Lucky for Teresa. Sucks for me because I would have *totally* enjoyed seeing her being hauled off to the pokey.
And, btw, good luck paying back $8 to 11 million in debt.* I understand some lunatics out there are actually her "fans" but she can't sell enough of her shitty cookbooks to make that nut. In a few years those creditors will be winning judgments against her, putting liens on that ridiculous house of hers (I'm sure the cars are leases) and (if NJ allows it) garnishing her income. Once there's a bit of equity in that house it, and all her crappy furniture, will be auctioned off anyway.
BTW, the money from the sales of the real estate & household goods (after the trustee's commission) was paid to her creditors pro rata, so the debt was reduced in whatever that amount was, but I know the petition itself listed $11 million in debt & Teresa can't be trusted, so who knows what the real figure is.