Originally posted by SunDevilNiner79:Originally posted by LA9erFan:Originally posted by SunDevilNiner79:
"The 46-year-old has no more than $50,000 of assets and between $10 million and $50 million of liabilities"
And he's going to be able to go to bankruptcy court and the people that he owes are gonna get 20 cents on the dollar. That's f**king criminal.
Well, thats why Creditors should do thier homework rather then relying on someone's word. Sounds kinda cold, but a lot of those creditors F'ed up their job (including Wa Mu...no wonder they are finished).
You're right, I just find this trait (deceiving people out of their money) to be particularly loathsome.