Wednesday, April 30, 2014

Parrinello Sues Rahn


WHEC TV reports that: "Parrinello claims Rahn owes him nearly $70,000 in legal fees.

Last year, Rahn and his wife declared bankruptcy, which stated the couple had debts, most in credit cards, totaling more than $460,000."

SCATS ~~ Can he squeeze blood from a rock?


5 comments:

Anonymous said...

The answer is yes as there are several Chapters of Personal Bankruptcy fillings.
Assuming Rahn filled a Chapter 11, he would be allowed to retain certain of his assets such as his home and vehicles.
However,if he he filled a Chapter 7, also known as the" enema" , he would lose it all. I doubt this is the case as John would not be doing as he is doing.
Under Chapter 11, he could ask the courts to place a lein on Rahn's residence in the amount of the suit.

Anonymous said...

There is no equity in the residence. So they could seize his mortgage maybe.
According to morning paper Rahn cancelled his bankruptcy in Oct 2013.

Anonymous said...

Paper said today Rahn withdrew the bankruptcy filing - so JP can go for it.

Anonymous said...

How about his pension? That could be up for grabs.

Anonymous said...

That's right. He did preserve his pension. Once poppycock gets the judgement that pension can be garnisheed maybe.