re: Jamal Lewis files for bankruptcy, is $10.5 million in debt

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Chapter 11 is a reorganization, not like a Chapter 7 where you don't have enough assets to pay your debts. The bankruptcy trustee will likely make him sell some of his cars or give them back and put some payments towards his mortgages. It'll mess up his credit a little, but it stops any foreclosures and lawsuits and will help negotiate lower payouts.

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I totally forgot to address this point. He's clearly not broke, and is finally taking the measures to prevent himself from going broke. So SOMEONE got to him and was like, "Dude, you're heading down a path that you don't want to be on. Slow your shite down."

But my point still stands on HOW he got to that point.

Again, you don't see guys from middle class backgrounds going over the top and buying 10 cars when they make it big. Why? Because they don't have to over compensate for not having anything for so long.