If You Must File Bankruptcy, You're in Good Company
The Founding Fathers rejected the old world notion of imprisoning people who could not pay their debts. Protection from creditors and forgiveness of debts — the basic principles of bankruptcy — are enshrined in the U.S. Constitution.
Many millions of Americans have filed for bankruptcy, including some very famous citizens who include popular presidents and captains of industry. Thousands of U.S. businesses have also sought bankruptcy protection, including some of our biggest corporations.
Famous Americans Who Have Declared Bankruptcy
The David F. Cannon law firm in Nashville represents individuals, couples and small businesses in Chapter 7, Chapter 13 and Chapter 11 bankruptcies throughout Middle Tennessee. If you are exploring bankruptcy for debt relief or creditor relief, you would be joining a Who's Who of our nation's history.
These are just a sample of famous people who have filed for bankruptcy:
- Presidents Thomas Jefferson, Ulysses S. Grant and William McKinley
- Business moguls Henry Ford and Donald Trump
- The founders of Hershey's Chocolate and Heinz Ketchup
- Entertainment pioneer Walt Disney and talk show host Larry King
- Prizefighter Mike Tyson, football legend Johnny Unitas and Olympic skater Dorothy Hamill
- Authors Mark Twain and L. Frank Baum (Wizard of Oz)
- Actors Kim Basinger, Mickey Rooney and Burt Reynolds
- Music icons Willie Nelson, Tom Petty, Elton John, Toni Braxton and Johnny ("Take This Job and Shove It") Paycheck
The list of notable Americans who filed bankruptcy goes on and on. Some of these famous folks filed bankruptcy earlier in their lives before they were household names. Some had to declare bankruptcy after they found fame and fortune, for a wide range of reasons. Some went bankrupt more than once. The point is that hard times can happen to anyone and bankruptcy is not a reflection of your character or a barrier to future success.
Talk to a Board-Certified Tennessee Bankruptcy Lawyer
The stigma of bankruptcy is strong, but most of our clients are greatly relieved once they learn the facts and take the plunge. For a fresh financial start, call attorney David Cannon at 615-800-3725, toll free at 877-696-8680, or e-mail our law office today to schedule a confidential consultation.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
