Personal Bankruptcy May Affect Kentucky Man's Run for State Auditor
Tap to Call - (877) 250-8242

Personal Bankruptcy May Affect Kentucky Man's Run for State Auditor


Share this article



Some people say John Kemper's bankruptcy history may keep him from winning the Kentucky state auditor election.

A Kentucky businessman is hoping to win the Republican nomination for state auditor despite currently being entangled in a personal bankruptcy case after losing a quarter of a million dollars in a real estate development bust, according to The Associated Press.

Although John T. Kemper III previously told the news source that his bankruptcy experience will not hinder his ability to be an effective state auditor, his opponents told the source that it will be hard for voters to ignore. For instance, while his Republican opponent Representative Addia Wuchner would not directly discuss Temper's finances with the source, she did say that voters may question his campaign website, which discusses the need for a "debt-free Kentucky."

Whoever wins the Republican nomination will run against Democrat Adam Edelen, who is unopposed in that primary, reported the source.

The source said Kemper's finances took a turn for the worst in 2005 after he invested $250,000 of his own money in a residential real estate development plan for upscale homes. The business scheme ended up failing after the economy dove into a recession in 2008, leading Kemper and his wife to file for Chapter 11 bankruptcy protection in 2009.

The election for Kentucky's statewide constitutional offices on May 17 is not expected to see a large voter turnout. According to the Corbin Times-Tribune, state officials predict that only 10 to 15 percent of Kentucky residents are expected to cast a vote.

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."