Famous People Who Have Filed for Bankruptcy

A common misconception about bankruptcy is that it is a financial death sentence. Most people think that by filing for bankruptcy, they will never be able to buy a house, finance a car and will forever have a blacklisted credit report.

However, most people do not realize that they are quickly able to rebuild their credit and are in a much better financial position after eliminating their debts.

As a matter of fact, many famous people (including past US Presidents) have filed for bankruptcy and have gone on to accomplish great things. This list includes:

  • Abraham Lincoln
  • Henry Ford
  • PT Barnum (think circus)
  • Milton Hershey (think chocolate)
  • Walt Disney
  • Donald Trump
  • Ulysses S. Grant
  • Larry King
  • Mark Twain
  • HJ Heinz (think ketchup)
  • Thomas Jefferson

If you are considering bankruptcy, contact an Orange County Bankruptcy Lawyer at 1st California Law for a free consultation.