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To: reaganaut1; All

This is a bunch of crappola! The lies and misinformation are 24/7 about Trump. Whether you support him or not, be informed instead of emotionally invested in an election over some 1st term lawyer who you think might save your soul. This is about the USA, not your church.

FACTS DO MATTER

Best short summary by lawyers on this.

DONALD TRUMP HAS NEVER FILED PERSONAL BANKRUPTCY. NONE of the hundreds of companies he acquired ever filed liquidation bankruptcy. FOUR of them filed for REORGANIZATION where the creditors AGREE to a repayment plan.
Let an expert explain it to you.

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.


66 posted on 02/16/2016 12:16:17 PM PST by AuntB (Illegal immigration is simply more "share the wealth" socialism and a CRIME not a race!)
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To: AuntB

Aww darn, another big lie shot down.

Don’t forget, habitual lying is a habit.


73 posted on 02/16/2016 12:18:56 PM PST by DoughtyOne (Facing Trump nomination inevitability, folks are now openly trying to help Hillary destroy him.)
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To: AuntB
How did he get businesses he ran in such a position FOUR TIMES?

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.

120 posted on 02/16/2016 2:34:21 PM PST by MarvinStinson
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