You wonder about things like this though, I mean clearly things went awry at some point…financially secure/responsible people do not have to declare bankruptcy to clear debts, they simply pay what they owe, or don't accumulate a million dollars in debt…..I'm not saying this isn't just a tactic, we have all seen this play out in the courts because of child support filings and claims, whatever…but something isn't right with that situation, he overextended himself, or made bad investments, or bad decisions with who handled his money…This is not simply 'rich man' debt reduction tactics, it's a semi rich man trying to squirm out of a bad finical situation he created….