Look at this list! Many of these people were able to achieve great success after they received debt relief. Are you next?
POLITICIANS
1. Abraham Lincoln – filed several times, due to business failures
2. Thomas Jefferson – filed several times, including after leaving office due to large debt
3. Ulysses S. Grant – 18th US President - filed in 1884 after leaving office
4. Daniel Webster – US Secretary of State – 1841
5. George McGovern – US Senator – filed in 1991 after his inn went out of business
6. John Connally – former Texas Governor and Treasury Secretary – filed Chapter 11 in 1987
7. William McKinley – 25th US President
8. J. Fife Symington – Governor of Arizona – filed in 1995 while still in office
FAMOUS PEOPLE
1. Walt Disney – filed after a company owing him money filed bankruptcy
2. Henry Ford – Founder of Ford Motor Company
3. William Durant – Founder of General Motors
4. Larry King – filed in 1971 and 1978
5. Donald Trump – filed several bankruptcies
6. P. T. Barnum – Founder of Barnum & Bailey Circus
7. H.J. Heinz – Founder of the H.J. Heinz Ketchup Company
8. Mark Twain (Samuel Clemens) – filed in 1894 due to failed investments
9. Oscar Wilde – acclaimed poet and author
10. William Fox – Founder of 20th Century Fox Film Corporation
CELEBRITIES
1. Burt Reynolds – chapter 11 in 1996 after owing more than 8 million in debts
2. Lorraine Bracco – filed after long custody battle
3. Mickey Rooney – 1986 filing – first bankruptcy was in 1962
4. Elton John – filed in 1990’s due to lavish spending and misappropriated funds from accounting firm
5. Kim Basinger – filed due to $8 million judgment after backing out of a movie
6. Jerry Lewis – filed in the 70's after losing stage bookings
7. Gary Coleman – 1999 bankruptcy
8. Redd Foxx –chapter 11 after owing millions to IRS
9. Mike Tyson – filed after blowing $300 million foolishly
10. Morton Downey, Jr. – filed 5 bankruptcies
11. Larry King – filed in 1971 and again in 1978
12. Gloria Vanderbilt – 1938 bankruptcy
13. John Wayne
14. Toni Braxton – filed in 1998
15. Francis Ford Coppola – filed in 1999
16. David Crosby – filed in 1985
17. Mick Fleetwood – filed in 1984
18. Dorothy Hamill – filed in 1996
19. Marvin Gaye – filed in the 70's
20. M. C. Hammer – filed in 1996
21. Merle Haggard – filed in 1993
22. Chaka Kahn
23. Jackie Mason – filed in 1983 after bad investments
24. Ted Nugent
25. Tom Petty – filed in 1979
26. Debbie Rooney – filed in 1962
27. Anna Nicole Smith
28. Cindy Lauper – filed in 1981
29. Latoya Jackson – filed in 1995
30. Wayne Newton – filed in 1992
