Margaret Josephs, REAL Housewives of New Jersey star has been sued for not paying $180,000 in settlement payments from a past lawsuit regarding the foreclosure of her New Jersey home.
The Sun reveals Margaret, 54, and her husband, Joe Benigno, were sued for $180,000 on February 9, 2022.
Who Is Margaret Josephs? Age Revealed
Margaret Josephs is aged 54 years. She was born April 9, 1967.
Margaret Josephs Foreclosure lawsuit Explored
According to the court papers, Plaintiffs Charles and Camille Ardito claimed they purchased two homes in Englewood, New Jersey.
To “induce” the Arditos to enter the agreement, Margaret said one of the properties “could be quickly flipped for a profit.”
Margaret and Joe allegedly agreed that they would purchase one property for $1,100,000 and the second, which is the home the RHONJ stars live in today, for $1,800,000.
The court papers read: “The agreement called [the Arditos] to provide $400,000 for the purchase of the properties. [The Arditos] eventually provided $440,000 to be used by [Margaret and Joe].”
The Bravo stars agreed to contribute $180,000 to the purchase price of the properties.
But the Arditos claimed that Margaret and Joe bought the first home for $1,500,000 instead of $1,100,000 and the second house for $1,800,000 instead of $1,400,000.
How much is Margaret Joseph worth?
The RHONJ star is known for her over-the-top, never-ending house renovations with the help of her contractor husband. Josephs’ extensive portfolio of businesses includes several that have helped her amass an impressive $50 million fortune.
Long before Bravo fans knew her on The Real Housewives of New Jersey, Josephs already had a successful business. Most of Josephs’ wealth comes from her Macbeth Collection clothing and accessories line, which the reality star established in 1999.
‘RHONJ’ star Margaret Josephs shares her favorite holiday style hack https://t.co/1kEoCVx6mF pic.twitter.com/31eESi8A5R
— Page Six (@PageSix) December 5, 2020
Per her website MargaretJosephs.com, the collection sells a wide range of goods, all branded with bright patterns and colors. The line includes beauty supplies, bags, luggage, home goods, and office accessories, which the Macbeth Collection ships worldwide. Many people have likened the brand to Nine West, Kate Spade, Guess, and Coach.