State Senator Austin Jennings files for Chapter 7 bankruptcy
Tap to Call - (877) 250-8242

Wyoming State Senator Files for Bankruptcy


January 04, 2011

Share this article


Wyoming state senator files for bankruptcy

Wyoming state senator Austin Jennings has recently filed for Chapter 7 bankruptcy after he lost a legal contract dispute with one of his creditors.

Wyoming Machinery Company had sought $500,000 from Jennings as payment for equipment rentals, according to the Casper Star-Tribune. Jennings claimed that the company had breached its contract with him, as the equipment was not to his requested specifications. He lost a legal battle against the company, resulting in an obligation to pay the $500,000, which with interest totaled up to $1.5 million.

In reaction to this hefty judgment, Jennings filed for Chapter 7 bankruptcy, listing assets of $190,000 and liabilities of $1.9 million. In addition to the court-ordered judgment, Jennings also owes more than $116,000 in back income taxes to the Internal Revenue Service and has an outstanding debt with the creditor that holds the mortgage on his house, the news provider reports.

Back to Newspaper Home

Tap to Call - (877) 250-8242

Copyright © 2018 MH Sub I, LLC. All rights reserved. ® Self-help services may not be permitted in all states. The information provided on this site is not legal advice, does not constitute a lawyer referral service, and no attorney-client or confidential relationship is or will be formed by use of the site. The attorney listings on this site are paid attorney advertising. In some states, the information on this website may be considered a lawyer referral service. Please reference the Terms of Use and the Supplemental Terms for specific information related to your state.Your use of this website constitutes acceptance of the "Terms & Conditions", "Supplemental Terms", "Privacy Policy" and "Cookie Policy."