HLMenckenFan@lemmy.world to News@lemmy.worldEnglish · 9 months agoDonald Trump committed fraud for years by inflating his worth to banks and insurers, a New York judge findswww.businessinsider.comexternal-linkmessage-square33fedilinkarrow-up1760arrow-down110
arrow-up1750arrow-down1external-linkDonald Trump committed fraud for years by inflating his worth to banks and insurers, a New York judge findswww.businessinsider.comHLMenckenFan@lemmy.world to News@lemmy.worldEnglish · 9 months agomessage-square33fedilink
minus-squareMojojojo1993@lemmy.worldlinkfedilinkEnglisharrow-up8arrow-down1·9 months agoBut if he declares bankruptcy ? Plus he can just hide his business in shell companies or his kids
minus-squareMrMamiya@feddit.delinkfedilinkEnglisharrow-up43·9 months agoBankruptcy isn’t a get out of debt free card. It’s a “you’re gonna sell this stuff to pay off your creditors” card. His sons were involved in the lawsuit and cannot legally do business in New York.
minus-squareNatanael@slrpnk.netlinkfedilinkarrow-up7·9 months agoIt’s effectively no longer his to be declared bankrupt, the NY state will be appointing people to control it. This is the one he can’t escape from
minus-squareJustZ@lemmy.worldlinkfedilinkarrow-up2·edit-29 months agoCan unlicensed biz orgs seek bankruptcy protection? The recievership can.
minus-squareHoustonHenry@lemmy.worldlinkfedilinkarrow-up2·9 months agoHopefully, one day, Alex Jones will be made to pony up what he owes
But if he declares bankruptcy ? Plus he can just hide his business in shell companies or his kids
Bankruptcy isn’t a get out of debt free card. It’s a “you’re gonna sell this stuff to pay off your creditors” card.
His sons were involved in the lawsuit and cannot legally do business in New York.
It’s effectively no longer his to be declared bankrupt, the NY state will be appointing people to control it. This is the one he can’t escape from
Can unlicensed biz orgs seek bankruptcy protection?
The recievership can.
Hopefully, one day, Alex Jones will be made to pony up what he owes