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Interesting, Alex Jones is also currently attempting to use bankruptcy to dodge his responsibilities. Hopefully we see a similar judgement to this.
by zamalek 4y ago
Interesting, Alex Jones is also currently attempting to use bankruptcy to dodge his responsibilities. Hopefully we see a similar judgement to this.
- sidewndr46 4y agoI'm not a fan of Mr. Jones but it's completely unrelated. Jones is just trying to get a court to establish that he is financially ruined so that anyone with a claim against him has their day in court to settle stuff. He is decently wealthy but I really doubt he has over a billion dollars in liquid or nearly liquid assets to pay the verdict against him.
- throwaway5959 4y agoHe doesn’t have to pay a billion dollars, he just needs to be broke for the rest of his life. Screaming “I’m bankrupt” as a way to avoid paying your debt seems a bit hypocritical coming from someone who I’m sure expects people to pay back their student loans in full.
- hatefulmoron 4y agoSo you're saying this standard only applies to him? Or should your opinion on him change how it works, for the worse, for everybody else?
- throwaway5959 4y agoIt’s already bad for everyone in the US with student loans, they’re already basically not dischargeable in bankruptcy.
- hatefulmoron 4y agoYou seem to think that's a bad thing, yet you would prefer that it should be made worse? I still don't get what you're saying.
- sidewndr46 4y agoWhat do you think bankruptcy court is? Some magical procedure where the judge says "oh here let me just ignore all these liabilities you have" and you just walk out after a few hours of proceedings?
- zamalek 4y agoWhile that's true, he's also manipulating his legal value to actually zero so that's he's bankrupt prior to taking judgements into account. Legal Eagle has a video on the immense web that he has spun.