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Thread started 10/16/12 5:43pm

728huey

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Rich Dad, Poor Dad author files for bankruptcy

Robert Kiyosaki, the author of the popular Rich Dad, Poor Dad wealth building self-help books, filed for Chapter 7 bankruptcy protection after losing a court case with The Learning Annex for breach if contract and was issued a judgment aginst him of $24 million.

http://www.businessinside...cy-2012-10

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Reply #1 posted 10/16/12 6:41pm

luv4u

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Oh boy eek

canada

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Reply #2 posted 10/17/12 1:18am

XxAxX

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i don't really get this, in another article i read about this guy he was said to have at least 90 million in assets, due to ownership of other busines ventures. so how can he file for bankrutpcy if he isn't bankrupt?

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Reply #3 posted 10/17/12 6:18am

Graycap23

XxAxX said:

i don't really get this, in another article i read about this guy he was said to have at least 90 million in assets, due to ownership of other busines ventures. so how can he file for bankrutpcy if he isn't bankrupt?

2 avoid that judgement against him.

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Reply #4 posted 10/17/12 4:12pm

missfee

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Graycap23 said:

XxAxX said:

i don't really get this, in another article i read about this guy he was said to have at least 90 million in assets, due to ownership of other busines ventures. so how can he file for bankrutpcy if he isn't bankrupt?

2 avoid that judgement against him.

This. nod

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