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Famous People Who Have Filed Bankruptcy

Financial difficulties can happen to anyone.

Are you embarrassed to be considering bankruptcy? Perhaps you are being too hard on yourself. These are hard financial times and financial difficulties can happen to anyone. Over 1,000 new bankruptcy cases are filed every week in the Middle District of Florida. Here are some people who had to file bankruptcy, well well-respected persons, competent in their fields; famous companies, too. If bankruptcy was OK for them, might it be OK for you, too?

The need to file bankruptcy has nothing to do with honesty...

Abraham Lincoln: 16th President of the United States


Charles Goodyear, inventor. In 1843, he discovered that if you removed the sulphur from rubber then heated it, it would retain its elasticity. He was awarded a patent for this process which he called vulcanization. It made rubber waterproof and winter-proof and opened the door for an enormous market for rubber goods.


Daniel Defoe, author of Robinson Crusoe,has been credited with fathering both the English novel and modern journalism.


George Frederic Handel. One of the greatest composers of the late baroque period and, during his lifetime, perhaps the most internationally famous of all musicians. One of his compositions was "Messiah."


Henry Ford: American industrialist, founder of the Ford Motor Company


James Wilson: a U.S. Supreme Court Justice 1789 – 1798


Milton Hershey: Founder of Hershey's Chocolate


Oscar Wilde: Well-known Irish writer


Oskar Schindler: German industrialist who saved 1100 Jews during World War II


Rembrandt Harmenszoon van Rijnt: Dutch painter, considered one of the greatest in European art. By the way, this is a self portrait done by Rembrandt in 1639. What you see here is not much smaller than actual size, perhaps 1/2 actual size. It is an etching. The original hangs (as of May, 2013) in the incredible Montreal Museum of Fine Arts where admission is free!


Samuel Clemens (Mark Twain): American author of "Huckleberry Finn," "Tom Sawyer," and other classics


Thomas Paine: One of the Founding Fathers of the United States


Ulysses S. Grant: 18th President of the United States, Civil War General


Walt Disney: American film producer and animator


William McKinley: 25th President of the United States


Well known businesses have had to file bankruptcy, allowing them to prosper again.


7-Eleven (Southland Corp.): best known convenience store operation in America


Toys R Us: second largest toy retailer in the U.S.


Greyhound: only U.S. bus company with a regular nationwide intercity schedule


Days Inn: one of the best known hotel chains in the business, with 1900 hotels in 12 countries.


Macy's: most famous department store of all. What other store has its own parade?


General Motors: GM reported an operating profit of $2.8 billion for 2014


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