What part of “ his creditors were repaid “ do you not willfully understand?
Go back and reread your MBA texts about how chapter 11 corporate bankruptcy ( versus chapter 7 individual bankruptcy) works and is a common tool to keep a business alive
This may educate . As you will read in each of his 4 corporate bankruptcies trump either restructured the debt and paid it off or gave up control of the business to creditors so they could retain earnings ... If anyone lost any money it was the latter because their management did not produce results
How many businesses have you started and run? Profitably or otherwise.