“I can’t tell one’s lies from the other. Cruz and Trump. Politifact is no help as it seems to have a leftist bent.”
Well, I’ve been able to debunk every lie about Trump that I’ve gotten into so far. Not Ted. I once liked him, but I do MY OWN research and did just that a couple years ago..the more I learned the less I liked.
One lie Ted tells on the stump about Trump is that Trump has filed Bankruptcy FOUR times!
NOT!
Donald Trump has NEVER filed personal bankruptcy! FACTS matter, but not to the open border crowd! As someone who has worked for decades in this field, I know what a Chapter 11 Bko is...and so does the lying Cruz campaign. It is reorganization..the creditors agree to a repayment plan and get paid! Trump could have just liquidated these companies when he acquired them, but he didn’t dump on the creditors and do that.
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.