Law Office of Thomas Denny›
Having not filed for bankruptcy, many famous and accomplished persons would have been deprived of the opportunity to get a fresh start. Abraham Lincoln filed for bankruptcy after a failed attempt to open a general store in 1833. P.T. Barnum filed for bankruptcy in 1856 after defaulting on a bad loan he guaranteed for a friend's business. He later regrouped to form Barnum and Bailey's Circus. President William Mc Kinley, then Governor of Ohio, also due to a defaulted business loan he co-signed for a friend, filed for bankruptcy in 1883. Mark Twain filed for bankruptcy in 1894 after a failed attempt to publish his own work (because he disliked his publisher), and a bad investment in an automatic typesetting machine. Henry Ford filed for bankruptcy in 1896 after failing at his first venture, the Detroit Automobile Company. He later filed again after failing at his second attempt, the Henry Ford Company. Finally he succeeded the third time in creating the Ford Motor Company. Walt Disney filed for bankruptcy in 1923 when his first animation company failed. With help from his family, he later formed Walt Disney Studios where, in 1928, Mickey Mouse was born. Dozens of accomplished individuals filed for bankruptcy, i.e., Mickey Rooney, Willie Nelson, Francis Ford Coppola, Oscar Wilde, Burt Reynolds and Nicholas Cage, to name a few. If financial burden is holding you back from living life to the fullest call Buffalo bankruptcy attorney, Thomas Denny.
