How do you declare bankruptcy on a regular basis and remain a millionaire? I thought the rule was one house and one car, and everything else sold to pay the money to the people who he bilked out of the pay they had earned when he declared bankruptcy. That was real money, that had been earned by the carpenters, iron workers, etc who built those buildings that he got to keep— is there a special rule for people who can afford better lawyers?
How do you declare bankruptcy on a regular basis and remain a millionaire? I thought the rule was one house and one car, and everything else sold to pay the money to the people who he bilked out of the pay they had earned when he declared bankruptcy. That was real money, that had been earned by the carpenters, iron workers, etc who built those buildings that he got to keep— is there a special rule for people who can afford better lawyers?