Trump
http://www.politifact.com/truth-o-meter/statements/2015/sep/21/carly-fio...
https://thelawdictionary.org/article/how-is-donald-trump-able-to-file-fo...
Forbes ...https://www.forbes.com/sites/clareoconnor/2011/04/29/fourth-times-a-char...
Here at FORBES, we've been tracking Donald Trump's wealth since the inaugural Forbes 400 rich list in 1982.
Today, we value him at $2.7 billion, although he claims he's worth far more. One question we're often asked when talk turns to Trump's fortune: how can a man who has been bankrupt so many times remain a multi-billionaire? How is he worth more now, post-bankruptcies? We spoke to bankruptcy lawyers and casino industry experts -- some of whom have had firsthand involvement in Chapter 11 cases connected to Trump -- in an attempt to explain how he has survived corporate bankruptcies and thrived in the aftermath.
. It's nothing personal... First things first: Donald Trump has filed for corporate bankruptcy four times, in 1991, 1992, 2004 and 2009. All of these bankruptcies were connected to over-leveraged casino and hotel properties in Atlantic City, all of which are now operated under the banner of Trump Entertainment Resorts.
He has never filed for personal bankruptcy -- an important distinction when considering his ability to emerge relatively unscathed, at least financially. "Corporations, limited partnerships, and LLCs in which he had an ownership interest or companies that had his name attached have filed for bankruptcy," said Michael Viscount of Atlantic City law firm Fox Rothschild LLP, who represented unsecured creditors when Trump Hotels & Casino Resorts, as it was then called, filed for Chapter 11 protection in 2004. "Therein lies the big distinction.” (See: Trump Exaggerating His Net Worth (By 100%) In Presidential Bid) He did take a personal hit the first time