Hey, he's sitting on a cash horde of $300 according to the filing.
__________________ One of the downsides of the Internet is that it allows like-minded people to form communities, and sometimes those communities are stupid.
“His personal assets include a home in Teaneck, New Jersey valued around $3.6 million, $300 in cash and $14.42 in two checking accounts.”
Is it safe to assume he has money hidden with relatives ? The ironic thing here is that he owes millions of dollars but yet he will be able to keep his 3.6 million dollar home. Hey he has a 3 million dollar house but not enough money in the bank for a DD run.
Surely he has many hidden assets and won't be hurting anytime soon. This guys like an absentee landlord, likes to collect purse money (rent for a landlord) but doesn't want to accept any financial responsibility the other way. The games better without people like this.
Pletcher and that vanning company didn't learn the first time when the stable reorganized under Ch 11 in 2010? The article seems almost identical listing the creditors. I know he had good horses so that's quite a hole to dig.