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 In Bankruptcy, Bankruptcy In The News, Blog, Chapter 7 Bankruptcy

A few years before, the man was one of the best-known high rollers in the Vegas area. By throwing money around casinos, he gained fame and a bit of notoriety for his flashy antics. Where he once requested bottles of top-caliber champagne and expensive chocolates delivered to his hotel room, he is now claiming to be $137 million in debt.

Reports indicate that his bankruptcy papers were filed in San Jose last month and they include a long list of creditors. Amongst them, he lists numerous casinos in which he owes over a total of $18 million in gambling debts. His debts aren’t limited to just the United States, however, as it is believed that he owes millions to three casinos in London as well.

Are you planning to file for Chapter 7 due to excessive debt? If so, contact the Malaise Law Firm now to discuss your financial options with a San Antonio bankruptcy lawyer who is committed to help you.