
Life's A Journey, and the ride is more enjoyable when you don't have those pesky lawyers to deal with. Lenny wants out (of bankrupcy)!
Former baseball star Lenny Dykstra, who filed for Chapter 11 protection last July, now wants a bankruptcy judge to dismiss his case, claiming he doesn’t belong in bankruptcy.
“Bottom line, you don’t belong in bankruptcy when you have $100 million in assets,” Dykstra said Tuesday in a telephone interview.
And who can argue with that logic? Well, one pesky detail the Journal brings up.
It’s unclear how the ex-ballplayer arrived at the $100 million figure. It also raises the question as to why he sought bankruptcy protection in the first place, since creditors have only filed about $27 million in claims against him. Dykstra referred further questions to his lawyer, who couldn’t be reached for comment.
I'm not entirely sure if Lenny grasps the concept behind allowing someone to file for bankrupcy. Who am I to say though, maybe someone will actually $10 Million for a Twizzler with Wayne Gretsky's toothpriint on it. Or better still, he parlayed 10 Deep Calls in Dow into $50 million.
tradeMONSTER offers customizable tools and resources for efficient online options trading. Try them today at no cost by opening a free Paper Trading account

