Bow Wow's Mom's Store Has Financial Issues

This has to be a very sad and embarrassing day for Bow Wow’s mom Teresa. Bossip has just learned that the State of Georgia’s Department of Revenue has put a tax lien on Taste Clothing Boutique located in Atlantic Station in Atlanta, GA that is owned by Bow Wow’s mom, Teresa Caldwell.



Now, we know that Teresa’s a smart cookie and hopefully she knew to keep an eye on the people that she pays to handle this part of her business because there is NO WAY she would buy Bow Wow a Bentley for his birthday and not pay the taxes on her business… WE ARE GOING TO GIVE HER THE BENEFIT OF THE DOUBT ON THIS ONE!!!!

Taken from Bossip.com!

Real NJ Housewife Beyond Broke

Damn, apparently Teresa and her husband on the Real Housewives of New Jersey make $79K annually and owe $11M to creditors…
Free-spending “Real Housewives of New Jersey” diva Teresa Giudice and her husband, Joe, make just $79,000 a year and are up to their tanned necks in liens, foreclosures and unpaid bills, according to bankruptcy papers filed in Newark federal court.

The Giudices say they owe creditors $10,853,648.04.

Teresa, known for her lust for designer clothes and expensive bling on the Bravo show, owes nearly $20,000 on credit cards for Bloomingdale’s, Nordstrom and Neiman Marcus. In total, the Giudices show $104,000 in debt on at least eight credit cards. The bank has moved to foreclose on the Giudices’ $1.8 million, 10,500-square-foot, eight-bedroom, 5½-bath marble-and-onyx manse in Towaco, NJ, the couple moved into during the first season. Teresa and Joe defaulted on their $1,280-a-month payment for the family’s ubiquitous black Cadillac Escalade. They also didn’t have insurance on the massive SUV, according to GMAC.

Teresa — who this season told Joe to get a vasectomy — owes $12,000 to a Garden State fertility clinic. * Banks have taken the couple’s $279,000 four-bedroom Jersey Shore house. The Giudices had three mortgages on the house and owed $325,000. The couple also handed over a $200,000 home in Lincoln Park, NJ, that had four mortgages — and an outstanding debt of $600,000.

SMH. All these frontin’ a$s people on these reality shows need to stop and just be real. If you can’t afford all that bullsh*t, then you can’t afford it. Simple as that, simple f*cks.

Taken from Bossip.com!