Her former Real Housewives of New Jersey costar Danielle Staub was forced to declare bankruptcy as well after owing thousands of dollars to a slew of creditors.
But unlike Giudice—who along with her husband, Joe Giudice, is now facing a 39-count indictment Monday accusing the couple of bank fraud, tax evasion and other charges for allegedly trying to shield their assets from Uncle Sam—Staub has resolved her outstanding issue.
Pursuant to court documents, the 51-year-old Naked Truth author owes anywhere from $500,000 to $1 million in debt after filing for Chapter 7 back in June 2012.
But when it came time to disclose her net worth to a bankruptcy court, E! News confirms the government accused Danielle of essentially taking a page out of Teresa's purported playbook.
According to the court docs filed June 25 in a U.S. Bankruptcy Court in New Jersey and obtained by E! News, before her bankruptcy petition, Staub allegedly made a potentially fraudulent transfer of assets to family members and friends in the form of jewelry and home furnishings.
But as opposed to the Giudices, who have chosen to fight the allegations in court, the TV personality decided to pony up $35,000 as part of the terms of a proposed settlement. Staub has already made an initial $5,000 payment and has until Dec. 31, 2013 to cough up the rest to the trustee.
However, not all of all her creditors are happy with the arrangement. Family law attorney Attorney Elliot Gourvitz filed an objection to the settlement, writing that he believes there are other "hidden assets" Danielle still has.
No word what Staub's other creditors—among them American Express, Bank of America, Capital One Bank, Nordstrom and Land Rover—have to say about that.
Had she not owned up to the alleged financial chicanery, Danielle could have opened herself up to similar fraud charges that Teresa and Joe are currently facing—accusations which, if proven true, could net them up to 30 years in jail.