Proving that Nicole London and her deadbeat husband Dwight Heim must be right, after all, https://adultfyi.com/read.aspx?ID=7200, dodging creditors has got to be the way to go.
Proof of that, a former deadbeat has just been named by George Bush to head Homeland Security
WWW- Bernard Kerik, nominated by President Bush to protect the homeland, could not keep the creditors away from his own door when he was a young cop.
The now-49-year-old former NYPD commissioner filed for Chapter Seven bankruptcy protection in October 1987, claiming he had no way of paying his $12,000 debts.
Among Kerik’s liabilities were a $2,089 Visa bill, a $174 Sunoco tab and a $949 debit at Sears, the Smoking Gun Web site reported yesterday.
Kerik, then 32, had just 15 bucks in his pocket and another $50 in a checking account.
He listed his 1986 salary at $40,000, which included a big bump up from the $27,000 he pulled in the year before.
In March 1988, court-appointed trustee Albert Togut filed a report stating that Kerik had no assets. U.S. Bankruptcy Judge Cornelius Blackshear signed an order releasing him “from all dischargeable debts.”
Kerik rose through the ranks of the NYPD, landed a job running the jail in Passaic County, N.J., and returned to the city as corrections commissioner.
The longtime pal of then-Mayor Rudy Giuliani was named top cop on Sept. 5, 2000. A year and a week later, he helped his boss lead the city through the nation’s worst terror attack.
Money is hardly a problem these days for Kerik. He has earned big bucks working for Giuliani’s consulting firm and recently landed a $6 million windfall in a company that makes stun guns.
The Smoking Gun reports: While a recent stock windfall has left Bernard Kerik sitting on $6 million, President Bush’s nominee to head the Homeland Security department hasn’t always been so flush. In fact, Kerik was once a deadbeat who declared bankruptcy when he couldn’t handle his credit card bills, loan repayments, or Sears and J.C. Penney tabs. Kerik filed for Chapter 7 protection in October 1987, when he was a 32-year-old New York Police Department officer living in Greenwich Village, according to federal court records. As detailed in Kerik’s bankruptcy petition, a copy of which you’ll find below, he listed debts totaling about $12,000, the largest of which was a $2089.52 Visa bill. He also claimed an inability to pay a $174 Sunoco tab. According to Kerik’s filing, his expenses exceeded his income by about $200 per month. Along with costs like rent ($700), food $200), and “alimony, maintenance, or support payments” ($280), Kerik typed in “Barber” on the line calling for other expenses to be listed. Those tonsorial treatments set him back $20 a month. Kerik, who reported having $15 on hand and $50 in a checking account, valued his personal property at $2365 (he appraised two .38 caliber firearms at $300). In March 1988, after court-appointed trustee Albert Togut filed a report stating that Kerik was an asset-free zone, Judge Conelius Blackshear signed an order formally releasing him “from all dischargeable debts.”