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Todd Chrisley is drowning in debt. Although he had an impressive run in the real estate game, things went sour in 2012 after he was hit with a number of lawsuits and was forced to file for Chapter 7 bankruptcy protection. In the petition, Todd claimed to have a total of $4.2 million in assets while he owed nearly $50 million.
“He guaranteed a real estate development loan and it failed. He was on the hook for $30 million. If he hadn’t had that happen, he would have been fine, financially,” his attorney at the time, Robert Furr, told People.
Source: https://www.distractify.com/p/is-todd-chrisley-still-in-debt
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