New Year Bankruptcy Trivia

by DeLadurantey Law Office, LLC on January 10, 2014

New Year Bankruptcy TriviaAs we start 2014, it is time for a little “fun.” Below are several facts about bankruptcy. Take this test and discover how much (or how little) you know!

Q: What famous jurist is often credited for the phrase “indubitable equivalence?

A: Judge Learned Hand (See In re Murel Holding Corp., 75 F.2d 941 (2d Cir. 1935).

 

Q: Who is considered the most litigious person in the world?

A: Jonathan Lee Riches, a federal prisoner, has been named the most litigious person in the world according to ABC News website.  In fact, when Mr. Riches learned that the Guinness Book of World Records was naming him the most litigious man, he filed a lawsuit against them!

 

Q: Collier on Bankruptcy is one of the most often referred to treatises by legal scholars.  Who wrote it and what was its first year of publication?

A:  The author of this well-known treatise is William Miller Collier and it was first published in 1899.

 

Q: What United States Presidents have filed for bankruptcy protection?

A:  Research shows that there were at least four: Abraham Lincoln, Thomas Jefferson (several times in fact!), Ulysses S. Grant, and William McKinley.

 

Q: What is the largest bankruptcy ever filed?

A:  In 2008, the U.S. investment bank of Lehman Brothers Holdings Inc. filed the largest Chapter 11 bankruptcy to date, listing $639 billion in assets.

If you have question about filing for bankruptcy protection, let the legal team at DeLadurantey Law Office, LLC provide you with the answers. Contact us today to schedule your initial consultation.

If you would like a down-to-earth approach and a lawyer who will listen carefully to all your questions and concern, call DeLadurantey Law Office, LLC,at (414) 377-0518We serve clients primarily in the areas of Chapter 7 and Chapter 13 bankruptcies, debt negotiations and defending foreclosure actions. If you live in the area of Milwaukee, Wisconsin, call us for the debt relief assistance you need.

 

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