All items from Drescher Law

In the final match in the first round, Las Vegas debtors Jerry Lewis and Jose Canseco square off to determine who will succeed to the round of 16. Jerry Lewis appeared in the infographic, The Bankruptcy Red Carpet; this is his story:

Posted 4 weeks 2 days ago

Elite athletes Johnny Unitas and Marion Jones face off in this first round matchup in the Plan of Reorganization Regional. Johnny Unitas was featured in the infographic, The NFL Bankruptcy Tailgate Party, and this is his story:Nicknamed “The Golden Arm,” the career of Johnny Unitas spanned three decades and saw him set record after record, winning the Most Valuable Player award three times.  Off the field, however, it was another story.

Posted 4 weeks 2 days ago

In this match, former Major League Baseball center fielder, Lenny Dykstra faces Taylor Armstrong, a former cast member of The Real Housewives of Bankruptcy.Lenny Dykstra appeared in the infographic, Baseball Bankruptcy Hall of Fame, and this is his story:

Posted 4 weeks 4 days ago

This matchup between David Crosby and Willie Nelson, both having appeared in the info graphic The Bankruptcy Jukebox, turned into a surprising blowout.David Crosby's story focused on his greatest days in the 1960s and 1970s:David Crosby is a legendary member of The Byrds and super-group, Crosby, Stills, Nash & Young. Although he had earned -- and burned through -- around $25 million over the course of his career, by 1984, he was broke, in debt for hundreds of thousands of dollars, and on his way to prison for drug and weapons charges.  He filed for bankruptcy in 1985.  When he got out of jail, he lived in a friend's spare bedroom and wore his friend's old clothes.  Crosby righted his financial ship by getting back to work.Willie Nelson's fame continues to endure:

Posted 4 weeks 5 days ago

In this first round match in the Exemptions Regional, NFL hitman Warren Sapp will face off against baseball star Curt Schilling. Sapp appeared in the infographic the NFL Bankruptcy Tailgate Party and this is his story:

Posted 4 weeks 6 days ago

 In this first round matchup in the Exemptions Regional, MC Hammer takes on Burt Reynolds.  Coincidentally, both of these stars filed their bankruptcy cases in 1996 after they had realized their greatest success. MC Hammer appeared in the infographic, The Bankruptcy Jukebox; this is his story:

Posted 5 weeks 10 hours ago

 This match-up in the automatic stay regional pits Michael Vick against Michaele Salahi.  Michael Vick appeared in the infographic, NFL Bankruptcy Tailgate Party, and this is his story:As a quarterback with the Atlanta Falcons, Michael Vick gained wide popularity and led the team to the playoffs twice. He was selected to three Pro Bowls.In April 2007, Vick was implicated in an illegal interstate dog fighting ring that had operated for five years. In August 2007, he pleaded guilty to federal felony charges and served 21 months in prison, followed by two months in home confinement. Hurt financially by the loss of his NFL salary and product endorsement deals, combined with previous financial mismanagement, Vick filed for Chapter 11 bankruptcy in July 2008.

Posted 5 weeks 1 day ago

James MadisonDorothy Hamill            In this first round matchup in the Automatic Stay Regional Olympic star Dorothy Hamill takes on James Madison, President of the United States and framer of the Constitution.  Dorothy Hamill appeared in the blog Bankruptcy, Olympics and Hope and this is her story:Dorothy Hamill thought she could revive the Ice Capades former glory by transforming the show into a feature length story on ice. To realize this dream, Hamill and her husband bought the Ice Capades out of bankruptcy in 1993 and sunk $6 million more of her own and borrowed money into refurbishing the franchise.

Posted 5 weeks 1 day ago

Automatic Stay RegionalI couldn't be more excited to present March Madness:Bankruptcy Brackets.

Posted 5 weeks 5 days ago

7-time pro bowler, Warren Sapp, has been unable to cover his expenses. His 2012 Chapter 7 bankruptcy filing listed more than $6.7 million owed to creditors. Including back child support and alimony.  The court documents revealed that Sapp’s $6.45 million in assets included nearly $6,500 worth of Jordan brand shoes and a $1,200 lion skin rug.See Warren Sapp with the other members of the NFL Bankruptcy Tailgate Party.  Warren is competing for the "World's Greatest Debtor" in the Bankruptcy Brackets. 

Posted 5 weeks 5 days ago