Thursday, January 26, 2012

Illinois lawmaker filed for bankruptcy, then quit

When Republican state Rep. Ron Stephens announced last year he was leaving the Illinois House, he would only say he was doing so for personal reasons.

The Belleville News-Democrat reports (http://bit.ly/wbzcRp ) Stephens filed for Chapter 13 bankruptcy protection before leaving office. Stephens said Wednesday the bankruptcy filing was a contributing factor in his decision to resign.

Stephens, of Greenville, said he is not proud of taking the step. However, he says he and his wife, Lisa, are repaying 100 percent of their debt.

Read the rest of the article at Carma Times

No comments:

Post a Comment