Posted on 05/25/2016 8:17:54 AM PDT by AuntB
Hillary Clinton is a lawyer, unlike most of the population out there, and KNOWS Trump never liquidated creditors in a typical bankruptcy. Every media report repeated her lie dozens of times yesterday. People think there is one kind of bankruptcy and have no clue about Chapter 11 reorganization to PAY OFF THE CREDITORS. (photo)
Donald Trump has NEVER filed personal bankruptcy!
Law Dictionary: How is Donald Trump Able to File for Bankruptcy So Many Times? http://thelawdictionary.org/article/how-is-donald-trump-able-to-file-for-bankruptcy-so-many-times/
Written by James Hirby | Fact checked by The Law Dictionary staff
People might ask "How is Donald Trump able to file for bankruptcy so many times?" The answer is "He didn't." Trump himself has never filed for bankruptcy.
His corporations have filed for Chapter 11 bankruptcy four times. By filing for Chapter 11 bankruptcy, the corporation is allowed to continue running while restructuring and reducing its debt. By allowing the business to continue, employees still have their jobs and the business is still making money. Corporate debts still need to be repaid but they may be reduced. The corporation must develop a repayment plan and corporate budget. Both must be approved by the creditors and by the bankruptcy court.
WE are talking about FOUR companies out of hundreds which Trump has made successful, and he used Chapter 11 to make them work…. yet this lying old hag says Trump will 'bankrupt' the nation…She and Bill and Obama did that! NOT DONALD TRUMP!
Here are a few of the thousands of companies we deal with every day who have used Chapter 11 bankruptcy…many of them SUPPORT HILLARY!
https://en.wikipedia.org/wiki/Category:Companies_that_have_filed_for_Chapter_11_bankruptcy
Just a few who have filed Chapter 11
G.I. Joe's
Fudruckers
GENERAL MOTORS - Obama's!!! Yes he used Chapter 11
Kmart
Kodak
Owens Corning
Pay N Pak
Six Flags
SOLYNDRA….also Obama's baby…they even got millions in OUR $$
Tropicana Entertainment
(Photo - 16 down, one crooked @!#$% to go. Let's do THIS Trumpsters!)
Ping!
She’s really been scraping the bottom of the barrel trying to find dirt that will stick to Trump. She must not have watched the GOP primaries very closely. Nobody cares about the dirt - they only care about what Trump promises to do.
Bankruptcy is part of everyday business. Hildery the Yak’s financial dealings are criminal. On this Trump and the GOP will hit very hard.
Actually, we are talking about one company, Trump Entertainment and Resorts
That is the only company of Trump’s that has ever filed for bankruptcy and yes, it filed four times
The neat thing about Trump is you can investigate his finances and live to tell.
Since he has over 500 companies and has filed chapter 11 only 4 times, that’s less than 1%. Trump himself really needs to say this at every and any public appearance
“Nobody cares about the dirt - they only care about what Trump promises to do.”
Also, they are just generally sick of all of the dickheads in Washington doing nothing for the country, unless it involves lining their own pockets.
You mean like Whitewater?
WOW! some are smart enough to use the laws to their own advantage.
Trump is SMART!
And the whole thing happened because obola killed the economy and then started talking down Las Vegas.
HE has a very smart brain
I say Hillary will not go the distance. The Donald will run her into the ground. The pressure from a full court press or four months will put her in the hospital. She is old and not in shape. She will blow up. The Donald will destroy her lazy old butt.
Whitewater Scandal - Hillary and her husband were partners in a shady real estate development firm called Whitewater Development Corp in Arkansas. Accusations of impropriety against the Clintons and others soon surfaced, regarding improper campaign contributions, political and financial favors, and tax benefits. Clinton’s friends and majority owners, James and Susan McDougal were jailed for fraud, Clinton’s successor, Governor Jim Tucker, was jailed for fraud along with municipal judges David Hale and Eugene Fitzhugh who worked with James McDougal. The Clintons walked away unscathed, having apparently done nothing wrong.
See Whitewater Timeline.
“You mean like Whitewater?”
Indeed! How did I forget that!??
Got my fingers crossed!
Coughing fits and no shows its all to physical for her. Picture your grandmother running for president. She will not finish. She can’t close out a 74 year old codger. And she can knock off Trump. Pleeeese
Ground zero of the housing bankruptcies was the implementation of the Community Reinvestment Act under Carter , Bubba went full blown on the CRA and threatened banks if they did not qualify these bad loans . Then came Fanny Mae another dem dream idea and the collapse was not far behind . The only thing left was to blame the GOP who refused to tell the real story .
Ever on going is the bias of the press resources for the democratic candidates always. A position of power is not what Hillary is suited for filling.
Hillary is arbitrary and could care less about the rules/laws regarding behavior. She is a law unto herself. MO
No / to Hillary!
The only thing left was to blame the GOP who refused to tell the real story .
Too many alleged “smart brains” who probably sat there saying, and when this bursts they will be held accountable....
Guess what the tables were turned and no traction from it whatsoever.
The Rats play dirty pool all the time.
The Donald will play their game to a masters level and do it in such a way that the average person will see it revealed for the first time.
He’s already exposed the uni-party - GOPe for the “ in it for themselves” people that they are.
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