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Trump actually filled for chapter 13, although this does fall under the bankruptcy codes, it is not the type of bankruptcy the typical person would use.
Chapter 13 is used to restructer a ordganization and free up capital. Many wealthy individuals do this.




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Trump actually filled for chapter 13, although this does fall under the bankruptcy codes, it is not the type of bankruptcy the typical person would use.
Chapter 13 is used to restructer a ordganization and free up capital. Many wealthy individuals do this.




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Trump's companies have filed for bankruptcy at least 4 times.

Frank
 
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