Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

CaptYossarian

(6,448 posts)
13. Isn't that how you file bankruptcy? When your debts far surpass your assets?
Thu Dec 19, 2019, 03:54 PM
Dec 2019

Mr. Rich Guy has done it 4 times.

The other thing about it is that it protects what assets you have from your creditors.

If I'm wrong, feel free to correct me.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Latest Discussions»General Discussion»Just heard a good one tod...»Reply #13