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supergypsy

11/19/15 6:25 PM

#159731 RE: beatsme2 #159730

Yup. Because you can move money, get money, restructure, and still end up on top and not bankrupt. Filing for bankruptcy and going bankrupt are two VERY different things. Ppl harp on filings bc they sound scary. Lol

SRV1975

11/19/15 7:03 PM

#159735 RE: beatsme2 #159730

And...he is a billionaire. Go figure ay?...billionaires use bankruptcies when it's too their advantage.

Kool Aid Man

11/19/15 7:34 PM

#159741 RE: beatsme2 #159730

It's one thing to have a business go under because of events beyond your control (i.e. a collapse in the real estate market, decline in gambling revenues etc). However, I doubt Linduff's creditors would have accepted a personal promissory note from them knowing it was backed by less than $50k in assets! That's why I'm inclined to think they were duped.

One creditor (Rex A Sprunger) is a former Senior VP of the 200 year old The Hartford Insurance agency. He was named their "western division manager" in October 2010. http://newsroom.thehartford.com/releases/the-hartford-names-rex-sprunger-western-division-manager
http://www.corporationwiki.com/Texas/Boerne/rex-sprunger/68314422.aspx
He also now lives in Boerne http://esearch.kendallad.org/

Wonder if he attended Kent's "Open House"?

Wait a Minute But Didn't Donald Trump file Bankruptcy ?And he is running for President of the United States??? Please correct me if I'm Wrong TDEY$$$$$ soon to be ORTC

Ex Blockman

11/19/15 9:34 PM

#159766 RE: beatsme2 #159730

Nope, Trump never did file for bankruptcy. Three or four of his 100+ companies filed under BK protection, but he personally never has.