Donald Trump and Bankruptcy: Why has he Filed so Many Cases?

How has Donald Trump managed to file bankruptcy at least four times without facing any apparent consequences?

In this video I explain how a corporate bankruptcy differs from an individual bankruptcy, and, more importantly, how business loans without personal guarantees can insulate a real estate developer like Donald Trump from personal liability arising from millions of dollars of defaulted loans.

Unfortunately, banks tend to offer different terms on loans to regular people like you and me, but in some cases even everyday people can structure loans where the personal guarantee goes away after a certain point in time.

I also explain how bankruptcy serves as a necessary safety valve for a capitalist economy in that it allows anyone - rich or middle class - to start over if bad luck or bad decisions make a bankruptcy filing necessary.

If you are facing serious debt problems, I’d be happy to speak with you to explain your bankruptcy and non-bankruptcy options. Please reach out to Susan Blum or me at 770-393-4985 or visit our web site at http://www.atlanta-bankruptcy-attorne....

Jonathan Ginsberg
Ginsberg Law Offices
Atlanta, GA
770-393-4985