Back in 2009 Teresa and Barney Devito had to file for bankruptcy to the tune of 11 million dollars, but just recently the bankruptcy trustees in charge of handling their case are accusing Teresa and Barney Devito of intentionally withholding assets including a business account and a 250 thousand dollar advance on Teresa’s cook book Skinny Italian.  According to an article by Life & Style Magazine, Teresa is facing up to 6 months jail time for what looks like intentionally waiting until after the bankruptcy was filed to sign her book contract:

Giudice, 39, and her husband Giuseppe ‘Joe’ Giudice, 40, filed for bankruptcy in 2009, claiming over $11 million in debt. A year later, their bankruptcy trustees alleged that Teresa knowningly withheld assets, including a $250,000 advance for her best-selling cookbook, ‘Skinny Italian’, as well as a business bank account. Withholding this information could land Teresa in jail for a minimum of six months, and a maximum of one year. 

 Sources close to the family say that the former Teresa Gorga had her book contract a week before the bankruptcy filing, but waited until a month later to sign it. New Jersey lawyer Eric Lubin, who isn’t involved with the case says: “It seems as though she was avoiding signing the contract so that the money would come to her after the bankruptcy petition was filed. How could anyone forget that they have $250,000 coming to them?” In a bankruptcy, everything the debtor owns before the filing goes toward paying off debts. Anything earned after filing, the debtor can keep.

Teresa Giuduce, who appears on the Real Housewives of New Jersey with her brother Joe Gorga and sister-in-law Melissa Gorga, insists that any omissions were ‘accidental’. Legal experts say Teresa is living on borrowed time. She and Joe Giudice were originally due to appear in court to face allegations of bankruptcy fraud on July 14, 2011, but the proceedings have been postponed, possibly to give her more time with her family before heading off to jail. Teresa tells Life & Style: “I have no fears. Hopefully everything is going to be good.”

And now on to Ashley’s dad ordeal. It was reported during the weekend that Ashley’s dad John Madison Holmes AKA Matt Holmes and his hottie wife Jodi, were arrested last Thursday for intentionally setting their two-story home on fire in order to collect a $429,000 hefty insurance check that the two later used to rebuild their home and pay for plastic surgery and a 40 thousand dollar ring for his wife Jodi Holmes. A insider came forward and ratted the couple out, the “witness” stated that Matt started the fire by pouring kerosene and gasoline in three of the rooms.

Here is the original article:

PARKER COUNTY — A Saginaw man, John Madison Holmes, 39, was arrested Thursday and has been charged with arson, insurance fraud and money laundering in connection with a suspected March 12 arson..

His wife, Jodi Sue Holmes, 36, was arrested Friday on a charge of money laundering, as well.

Soon after the fire that destroyed the couple’s two-story house at 1450 Veal Station Road that was undergoing remodel work, Holmes told Parker County Fire Marshal’s Investigator Ken Dabbs he had been at the house dropping off supplies for contractors 30 to 45 minutes before firefighters were called out to the blaze, according to court records.

“A credible witness” recently came forward and said John Holmes started the fire in three rooms of the house using kerosene and gasoline, according to Dabbs, who already believed the fire to be intentionally set after finding no electrical shorts or other reasonable cause.

Holmes and his wife received $429,000 in insurance money, Dabbs said.

The complaint filed by Dabbs alleges Jodi Holmes knew about the arson and used the proceeds to make purchases, including plastic surgery and a $40,000 diamond ring.

As of Friday, investigators have no indication the couple has ever been involved in anything like the suspected arson and neither has ever been arrested, according to Dabbs.

However, the investigation is ongoing and they are working in cooperation with the Parker County Sheriff’s Office, the Parker County Special Crimes Unit, the Parker County Fugitive Apprehension Strike Team and the FBI, Dabbs said.

John Holmes was released on $225,000 bond and his wife was released on $75,000 bond Friday afternoon

I knew that Ashley’s daddy and step-mom were verifiable shady assess and that makes them qualify to join the Real Housewives Side Show. I wonder if Bravo camera circus is going to follow everyone into the jail house and will change the name of the show to Real House Skanks Of The County Jail Starring Teresa Giudice Jail Bitch.