Posted on 05/30/2018 8:32:46 PM PDT by yesthatjallen
I didn’t say that it causes self made men to fail all the time, just that when a person is unexpectedly pulled into a place well above what they are accustomed to, they might seek a way out.
Financial advisor was probably some idiit from the local area, maybe Newburgh.
(Orange County Chopper has a shop there not far from Stewart Airport..or did.)
An all new American Chopper is coming back to the History channel. Problem with these guys is they blew every cent they made and the over-priced custom bike scene didn’t last long.. $60k - $100k+ bikes has a small market and all the big custom bike companies have collapsed and been reborn smaller.
Check the OCC website out: http://www.orangecountychoppers.com/
They’re back on the air again the new show is now called American Choppers and premieres in a few days.
“I thought American Chopper was starting up again. He’s not getting good money for that?”
When the show first came on the air it was pretty good. But, over time it became stale. Same ole same ole, just tack welding different shaped crap on a bike frame.
probably gambles
I think that Taj Mahal of a shop that OC Chopper built was sold off years ago.
Did it? YAWN
To live beyond your dreams, live below your means
Tried watching a couple times. Couldn’t handle the old man. What a d#%k.
“claiming he owns $1,801,729 in assets, and owes $1,070,893.44”
Dude you are not bankrupt. You have 800k in assets after you pay your creditors.
Absolutely. Became a show about a man and his son who did not get along almost not getting thru building the same motorcycle over and over week after week.
He drove around with a half million $$$ in cash in his car trunk....if I remember correctly.
I am so not getting what your actual point is.
In your prior post you related an anecdote of a successful businessman who went broke after hitting the lotto. Now you're talking about people looking for a way out, after some unexpected success.
Are you saying that Paul Sr couldn't handle the success of his show?
So, he has over $700,000 after he pays of all debts?
This man is doing much better than most here on Free Republic!
But this is chapter 13, not liquidation.
Chapter 13 Bankruptcy Explained. Chapter 13 bankruptcy, also known as “reorganization” is a plan in which a repayment structure is put into place. This repayment plan extends three to five years with specific payment amounts based on each individual’s own ability to pay.
It’s called normalcy. People will often seek a familiar environment when they’ve been cast into an unexpected role that they aren’t used to. It’s part of the reason why the homeless can never keep a home and why those born in the middle class often stay middle class.
If John Whittaker had not won the lottery, he would have stayed a happy small millionaire. However, because he did win hundreds of millions of dollars, he was driven to get rid of it all.
Possibly the same with Paul Sr. He’s a smart guy and he’s always had to work for his money. When Discovery just gave him cheques of a few million a year, it put in a spot that he might not have been all that comfortable with in his heart and mind.
You’ve got a theory that works in some cases, but doesn’t apply broadly.
Humans come in all manners and varieties. One size does not fit all.
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