Former car dealer and congressional candidate Eric Dickerson has filed for personal bankruptcy after three failed businesses left him saddled with more than $1 million in debt. Dickerson says he is virtually broke save for a $101,000 inheritance he is set to receive from the estate of his late mother. He claims only a few assets, including $10 in cash, 7 cents in a Chase Bank checking account, 25 cents in a Fidelity Investments account, two late-model Chevy trucks worth about $3,000, and a horse, pony and four chickens worth $250. He lives with his girlfriend on a 5-acre spread in Sheridan.
Most of Dickerson’s debts are connected to businesses he formerly owned—a Buick dealership on North Keystone Avenue in Indianapolis, a collision-repair center in Westfield and a Maggie Moo's ice cream shop in Circle Centre mall.¶
Monday, June 16, 2008
some marion county republicans were disappointed when eric dickerson, who had run against julia carson for congress in 2006, opted not to get into the race again this year. the IBJ reports on a possible reason: dickerson is bankrupt:
Posted by stAllio! at 6/16/2008 12:46:00 PM