Initiative promoter Eyman withdraws petition for bankruptcy
Initiative promoter Tim Eyman, saying he was at the "breaking point" from a civil suit by the state, sent out an email blast last fall saying he had been driven to file for bankruptcy and was headed for the divorce court.
On Feb. 28, in federal bankruptcy court, Eyman quietly withdrew his bankruptcy filing.
"After the consideration, and because the amount and nature of any claims that might be assessed are years out, the debtor (Eyman) wishes for his bankruptcy to be dismissed at this time," Eyman's attorney told the court.
The withdrawal came days after Eyman, in court filings, disclosed that he had $465,615 in three checking accounts, $207,571 in retirement accounts, $573,281 in additional personal property, $3,700 in a savings account and listed his Harbour Pointe house at a value of $900,000.
Andrew Villeneuve, head of the Northwest Progressive Institute, a longtime student of Eyman's financial maneuvering, wrote:
"No doubt Eyman is anxious to get this proceeding shut down so he doesn't have to continue filing reports detailing his personal financial position, which his opposition gets to examine, along with anyone else who's interested."
https://www.seattlepi.com/local/politics/article/Initiative-promoter-Eyman-withdraws-bankruptcy-13679826.php?utm_source=newsletter&utm_medium=email&utm_campaign=dailynewsletterspi&utm_term=spi
