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Luis Ruelas asks for an extension to repay a $ 1m mortgage loan: Report

Teresa Guidicehusband, Luis RuelasApparently, asked for an extension to repay a mortgage loan on the couple’s home.

Ruelas, 49, filed a mortgage modification application on Monday, March 24, according to the court records seen by Weekly US. Previously, Ruelas received a $ 1 million loan on the property last year, which matured on Tuesday, March 25.

“(Ruelas) has asked, and the (bank) has agreed to extend the maturity date of the initial loan from March 25, 2025, until March 25, 2026,” the docs obtained by The sun read. “The (bank) borrowed to (Ruelas) an additional loan in the main sum of 250,000 and (Ruelas) has acted and sent to (the bank), a mortgage note for the main amount of $ 250,5000.”

In addition to the application to extend his loan, Ruelas allegedly agreed to continue making payments on his account interest and pay a loan fee of $ 5,000.

Teresa Giudice and Louie Ruelas Timeline Timeline


Related: Teresa Giudice and Luis Ruelas: a timeline of their relationship

His soul? Teresa Giudice’s love life took the midst of the stage in the midst of her marriage waist with Joe Giudice, but after their divorce, Ben fell over heels to Luis “Louie” Ruelas. The Real Housewives of New Jersey star married Joe in October 1999, and the pair went on to welcome four girls: GIA in January 2001, Gabriella (…)

Ruelas and Giudice, 52, bought their home in New Jersey in 2021 before Marry next year. Back The sunRuelas was the sole owner of the LLC who used to buy the house.

The Real housewives from New Jersey Star and Ruelas too Facing tax debt. The news broke on Monday that the couple had received more than $ 3 million in tax liens.

Teresa Giudice Husband Luis Ruelas is supposed to ask for an extension to pay back a 1 million dollar mortgage loan

Teresa Giudice and Luis Ruelas. Elder Ordonez/Instarimages

According to court docks obtained by UsGiudice and Ruelas are due of $ 2.5 million and $ 303,000, respectively. A third debt has been closed since then. The pair has not addressed the financial position. Weekly US reach out for comments at the time.

Previously, Giudice was served with a $ 17,000 lien in April 2023 which gradually re -paid.

“Ms Giudice has been aware of her tax obligations for years,” Her attorney said Pages six In June 2023. “(She) makes significant timely monthly payments towards her tax obligations due and will continue to do so until those obligations do not exist.”

Teresa Giudice makes timely payments on tax debts in the middle of lien


Related: Teresa Giudice makes ‘Timely Payments’ on tax debt in the middle of a lien, says the lawyer

Teresa Giudice has been making a gradual increase in settling her debts after she introduced a $ 17,000 tax lien. “Ms. Giudice has been aware of her tax obligations for years and makes significant timely monthly payments towards her tax obligations due and will continue to do so until those obligations do not exist,” New Jersey Star Real House Wives (…)

Teresa and her husband now, Joe Judge, They had also faced their share of debt years earlier, filing for bankruptcy in 2023. Each was overthrown on several counts of tax fraud in 2013. Teresa and Joe, 52, pleaded guilty to their appropriate charges, including conspiracy to commit post and wire fraud and three types of bankruptcy fraud. Teresa He eventually served 11 months of a 15 -month sentence in the federal prison, while Joe was sentenced to 41 months.

“I wish I could make everything different,” Teresa, who shares four women with Joe, was told only Us in October 2014. “But then again, perhaps not, because this is the lesson of a life I need to learn and I will learn it, and I will teach my children for the rest of my life, just like Salas Judge told me she expects me to do. “

Joe, a native of Italy, was deported after he was released in 2019. He now lives in the Bahamas.

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