For starters, by filing bankruptcy he is screwing the very system that attempted to steal his wealth by fining him millions of dollars on defamation case. This way his assets are declared to be so much less than the fine amount and wouldn't be able to pay. Pretty sure he distributed his assets to his offsprings and relatives before doing this. Again, he is a world famous lawyer, he knows (or works with the experts) all the loop holes of the system. Many people as posted by others here play these games including at least couple of friends I had, who were also very knowledgeable about money system and numbers.

Sorry about your parents' situation.

For starters, by filing bankruptcy he is screwing the very system that attempted to steal his wealth by fining millions of dollars on defamation case. This way his assets are declared to be so much less than the fine amount and wouldn't be able to pay. Pretty sure he distributed his assets to his offsprings and relatives before doing this. Again, he is a world famous lawyer, he knows (or works with the experts) all the loop holes of the system. Many people as posted by others here play these games including at least couple of friends I had, who were also very knowledgeable about money system and numbers.

Sorry about your parents' situation.