Posted on 08/31/2009 9:01:24 AM PDT by AtlasStalled
Former U.S. Rep. William Jefferson and his wife, Andrea, have filed for Chapter 7 bankruptcy protection as the convicted ex-congressman prepares for a forfeiture hearing in his federal corruption case. William Jefferson was convicted earlier this month in Virginia on 11 of 16 corruption charges. He faces a forfeiture hearing because the jury found that he and his family received $470,000 and more than 30 million shares of stock proceeds as a result of criminal activities. Meanwhile, he and his wife are seeking protection from a handful of creditors. They owe more than $1 million and less than $10 million, according to forms filed in federal bankruptcy court last week by the Jeffersons' daughter, attorney and former state legislator Jalila Jefferson-Bullock.
The court filings also show that the couple has between $1 million and $10 million in assets, but the forms are no more specific than that, and it's unclear how far in debt the couple is. An attached list of 20 creditors appears to include everything from the Jeffersons' mortgage holders, to their credit cards, cable television and car loan providers.
(Excerpt) Read more at nola.com ...
He should start looking around in freezers, he’s bound to find some money there.
We need that Nelson picture stat!
Now he really needs some cold hard cash.
A pure example of Racism. Where are the Justice Brothers when you need them.
poor, POOR Mr. Jefferson (D)-Louisiana!
I’m SURE that this is NOTHING but a CLASSIC case of RACISM!!!
Captain ‘O’, where are you?!?!?
Typical article about a disgraced Democrat...not one mention of party affiliation. :-P
wheres the $90K in frozen cash???
Seriously...if it was one of ours it would have been Republican former Rep Greedy SOB (R-FL) who served as REPUBLICAN chairman of the ....
It couldn’t have happened to a nicer guy.
Couldn’t happen to a . . . . . . . bigger leftist loser!!
I hadn’t heard they convicted him until I read this. Glad the jury was able to see through his lies!!!
What a friggin Asshole
“An attached list of 20 creditors appears to include everything from the Jeffersons’ mortgage holders, to their credit cards, cable television and car loan providers.”
I suppose the freezer was paid for....
Charles Rangel is guilty of multiple counts of federal income tax evasion. Let’s see what HE gets.
Hint: hold not thy breath.
Maybe Obama can appoint him the integrity czar. He’d fit right in with the rest of the clowns.
Not enough cold cash, yes?
“Hint: hold not thy breath”
Good point. There’s one set of rules for scumbag Elites, and another for the “peasants.”
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