Bankrupt Jack Harper had his STATE and FEDERAL taxes wiped away, including obligations to several banks. And you wonder why banks wanted a bailout? Because Harper stuck them with HIS bill! We taxpayers have had to cover Harper’s irresponsible financial dealings.
Harper claimed $242,236 in secured claims and $770,167 in unsecured claims against personal property of $31,590, not counting his home, which was valued at about $300,000. Add that up and you see why Harper went bankrupt. And that was in 2004 when the economy was doing great…
