Switch to ADA Accessible Theme
Close Menu

Have wealthy people filed for bankruptcy?

By Florida Law Advisers, P.A. |

Yes, many well-known business leaders and former U.S. Presidents have filed for bankruptcy to obtain a fresh start prior to achieving their successes.

Facebook Twitter LinkedIn

Do wealthy people lose assets in bankruptcy?

By Florida Law Advisers, P.A. |

If a Chapter 13 is filed, they may not be forced to lose any assets. Chapter 13 is considered a restructuring bankruptcy because the debtor makes payments to their creditors according to a court approved payment plan. In Chapter 13, the Trustee is not concerned with liquidating assets.

Facebook Twitter LinkedIn

Can you file bankruptcy and still be president?

By Florida Law Advisers, P.A. |

Many people who have filed for bankruptcy have gone on to become President of the United States. For instance, Abraham Lincoln, Ulysses Grant, Donald Trump, and William McKinley have all filed for bankruptcy.

Facebook Twitter LinkedIn

Who are some famous people who filed bankruptcy?

By Florida Law Advisers, P.A. |

Examples include: Walt Disney, Tom Petty, Larry King, Burt Reynolds, Henry Ford, and Jerry Lee Lewis.

Facebook Twitter LinkedIn
Get your free 15-minute
consultation*
* Required Field

By submitting this form I acknowledge that contacting Florida Law Advisers, P.A., through this website does not create an attorney-client relationship, and any information I send is not protected by attorney-client privilege.

protected by reCAPTCHA Privacy - Terms
*We offer free consultations for most legal matters.
Bradenton Herald
Worth
The Miami Herald
Newsday
IBTimes
Tampa, Florida
Florida Law Advisers, P.A.

Tampa, Florida
1120 E Kennedy Blvd, Unit 231
Tampa, FL 33602
Phone: (800) 990-7763

Orlando, Florida
Florida Law Advisers, P.A.

Orlando, Florida
111 N Orange Ave, Suite 800
Orlando, FL 32801
Phone: (800) 990-7763

Dade City, Florida
Florida Law Advisers, P.A.

Dade City, Florida
38100 Meridian Ave
Dade City, FL 33525
Phone: (800) 990-7763