PolitiFact | Bankruptcy

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Mostly True

11%

Half True

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Mostly False

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Pants on Fire

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All Fact-checks for Bankruptcy

dicho el Julio 18, 2023 en a Facebook post

Video shows that “George Soros is going bankrupt.”

true

false

dicho el Febrero 24, 2019 en a roundtable on ABC's "This Week"

"We have record bankruptcies in farming country."

true

barely-true

dicho el Enero 30, 2019 en AP legislative day in Tallahassee

Health care is the "No. 1 reason for bankruptcy."

true

half-true

Florida Democratic Party

dicho el Abril 27, 2017 en a press release

Donald Trump’s "golf course on the island defaulted, like so many of his other failed business schemes. The failure left Puerto Rican taxpayers with a nearly $33 million bill."

true

half-true

dicho el Noviembre 10, 2016 en an interview

"Because of Obamacare, Medicare is going broke."

true

pants-fire

Hillary Clinton

dicho el Octubre 10, 2016 en a rally in Detroit

"Back in the Great Recession, when millions of jobs across America hung in the balance, Donald Trump said rescuing the auto industry didn’t really matter very much. He said, and I quote again, ‘Let it go.’ "

true

pants-fire

dicho el Junio 21, 2016 en a TV interview.

Says Donald Trump has "bankrupt four separate businesses."

true

mostly-true

Hillary Clinton

dicho el Mayo 24, 2016 en an advertisement

"In 2006, Donald Trump was hoping for a real estate crash."

true

mostly-true

Hillary Clinton

dicho el Mayo 22, 2016 en an interview on NBC's "Meet the Press"

"The only two (Donald Trump tax returns) we have show that he hasn't paid a penny in taxes."

true

barely-true

dicho el Mayo 3, 2016 en an interview with Bloomberg News

"Almost 100,000 people left Puerto Rico last year."

true

mostly-true

Center for Individual Freedom

dicho el Abril 13, 2016 en a TV ad

Says Paul Ryan backs a proposal that would be a "bailout" of Puerto Rico.

true

half-true

dicho el Abril 24, 2016 en a broadcast of HBO's "Last Week Tonight"

"We knew Strom Thurmond had proposed" the amendment that blocked Puerto Rico’s use of Chapter 9 bankruptcy protection.

true

mostly-true

Steven Costantino

dicho el Septiembre 27, 2015 en a statement

"I did not play any role in bringing the company to RI as did others in government. I was tasked with handling the legislation affecting the company by my superiors."

true

false

dicho el Septiembre 29, 2014 en a TV commercial

In the 38 Studios deal, "Wall Street investors took a risk, and went bust."

true

false

dicho el Mayo 27, 2014 en a radio commercial

Peter Kilmartin voted for the 38 Studios loan guarantee and his State House job was to "twist [legislator’s] arms to vote for deals like this."

true

barely-true

dicho el Abril 28, 2014 en a mailer to voters

"PolitiFact Texas gave" a David Dewhurst TV ad "a ‘Pants-on-Fire’ rating as an outrageous lie."

true

half-true

dicho el Abril 16, 2014 en a video ad

Dan Patrick "got caught not paying his taxes" and "pocketed his employees’ payroll taxes."

true

half-true

dicho el Abril 16, 2014 en a video ad

Dan Patrick "changed his name from Danny Goeb to hide from" his "debts."

true

pants-fire

dicho el Julio 17, 2013 en an interview

The federal Consumer Financial Protection Bureau is "collecting financial information, monitoring financial information of millions of Americans" without their knowledge and "storing it for up to 10 years."

true

half-true

dicho el Junio 26, 2013 en a speech on the floor of the Rhode Island House

Economic Development Commission Executive Director Keith Stokes "sent me a letter and he said the taxpayers will never be on the hook for these bonds" for 38 Studios.

true

true

Can states file for bankruptcy? Should they? What you need to know

Can states file for bankruptcy? Should they? What you need to know

Por Louis Jacobson • Abril 24, 2020

Latest promises about Bankruptcy

Allow workers to claim more in unpaid wages and benefits in bankruptcy court

Forbid companies in bankruptcy from giving executives bonuses

Allow bankruptcy judges to modify terms of a home mortgage