@confidentway: The television legend #DrPhil tried to file #bankruptcy in 2025 but was denied for his media Startup MeritStreet - Despite $460 Million Fortune that includes $30 Miliion property portfolio 👀 U.S. bankruptcy judge Scott Everett turned down the request for Chapter 11 accusing the longtime TV personality of failing to reveal the full truth of his company's finances and how they ended up in such a dire state. He stated that Dr. Phil had displayed a lack of "candor" throughout the proceedings. Everett ordered the case to be moved to Chapter 7 liquidation, which saw a trustee placed in control of the sale of Merit Street's assets, which would be used to pay off companies and creditors that were owed money 💰 🤑💸 #DrPhil #Bankruptcy #MeritStreet