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Luis Ruelas Requests Extension to Repay $1M Mortgage Loan: Report

The Owner Press by The Owner Press
March 26, 2025
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Teresa Guidice’s husband, Luis Ruelas, reportedly requested an extension to repay a mortgage mortgage on the couple’s dwelling.

Ruelas, 49, filed a mortgage modification request on Monday, March 24, in response to court docket information seen by Us Weekly. Ruelas beforehand obtained a $1 million mortgage on the property final 12 months, which matured on Tuesday, March 25.

“[Ruelas] has requested, and the [bank] has agreed to increase the maturity date of the Preliminary Mortgage from March 25, 2025, to March 25, 2026,” the docs obtained by The Sun learn. “The [bank] is lending to [Ruelas] a further mortgage within the principal sum of 250,000 and [Ruelas] has executed and delivered to [the bank], a Mortgage Word for the principal sum of $250,5000.”

Along with the request to increase his mortgage, Ruelas allegedly agreed to proceed to make funds on his account’s curiosity and pay a $5,000 mortgage price.

Teresa Giudice and Louie Ruelas Relationship Timeline


Related: Teresa Giudice and Luis Ruelas: A Timeline of Their Relationship

Her soulmate? Teresa Giudice’s love life took heart stage amid her marital woes with Joe Giudice, however after their divorce, she fell head over heels for Luis “Louie” Ruelas. The Actual Housewives of New Jersey star married Joe in October 1999, and the pair went on to welcome 4 daughters: Gia in January 2001, Gabriella […]

Ruelas and Giudice, 52, had bought their New Jersey dwelling in 2021 earlier than getting married the next year. In accordance with The Solar, Ruelas was the only real proprietor of the LLC used to purchase the home.

The Actual Housewives of New Jersey star and Ruelas are additionally facing tax debt. Information broke on Monday that the couple has acquired greater than $3 million in tax liens.

Teresa Giudice Husband Luis Ruelas Reportedly Requests Extension to Pay Back 1 Million Dollar Mortgage Loan

Teresa Giudice and Luis Ruelas.
Elder Ordonez/INSTARimages

In accordance with court docket docs obtained by Us, Giudice and Ruelas owe $2.5 million and $303,000, respectively. A 3rd debt has since been closed. The pair has not addressed the financial situation. Us Weekly reached out for remark on the time.

Giudice was beforehand served with a $17,000 lien in April 2023 that she steadily repaid.

“Ms. Giudice has been conscious of her tax obligations for years,” her attorney told Page Six in June 2023. “[She] makes important well timed month-to-month funds in direction of her excellent tax liabilities and can proceed to take action till these liabilities don’t exist.”

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Teresa Giudice Making Timely Payments on Tax Debts Amid Lien


Related: Teresa Giudice Making ‘Timely Payments’ on Tax Debts Amid Lien, Lawyer Says

Teresa Giudice has steadily been making progress to settle her money owed after she was served a $17,000 tax lien. “Ms. Giudice has been conscious of her tax obligations for years and makes important well timed month-to-month funds in direction of her excellent tax liabilities and can proceed to take action till these liabilities don’t exist,” the Actual Housewives of New Jersey star’s […]

Teresa and her now-ex-husband, Joe Giudice, had additionally confronted their share of debt years earlier, submitting for chapter in 2023. They have been every indicted on a number of counts of tax fraud in 2013. Teresa and Joe, 52, each pleaded responsible to their respective expenses, together with conspiracy to commit mail and wire fraud and three varieties of chapter fraud. Teresa ultimately served 11 months of a 15-month sentence in federal jail, whereas Joe had a 41-month sentence.

“I want I might do every little thing in a different way,” Teresa, who shares 4 daughters with Joe, solely advised Us in October 2014. “However then once more, perhaps not, as a result of this can be a life lesson that I have to be taught and can be taught, and can train my kids for the remainder of my life, simply as Decide Salas advised me she anticipated me to do.”

Joe, an Italy native, was deported after his launch in 2019. He now resides within the Bahamas.



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