Former Virginia lawmaker gets Chapter 13 bankruptcy case dismissed
Phil Hamilton, a former Virginia lawmaker, recently had his Chapter 13 reorganization plan rejected and now his case for protection under bankruptcy law has been dismissed after failing to revise the repayment plan.
Phil Hamilton, a former Virginia lawmaker, recently had his Chapter 13 reorganization plan rejected and now his case for protection under bankruptcy law has been dismissed after failing to revise the repayment plan.
According to the Daily Press, Hamilton and his wife filed for protection under Chapter 13 bankruptcy law in February with about $600,000 in debts owed to the Internal Revenue Service, credit card companies, banks, the commonwealth and various individuals.
Dismissal of the case leaves the couples' creditors open to recoup the money owed to them through legal avenues including repossession and foreclosure, the paper states.
Hamilton was recently sentenced to nine and a half years in federal prison after being convicted of bribery and extortion.
"This is the toughest decision I've made in my 13 years as a judge," U.S. District Court Judge Henry Hudson said Friday in Richmond, according to the Daily Press. "What you have done is to corrupt the Virginia General Assembly. You have put a stain on the great deliberative body you were elected to serve in."
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