Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
A law firm of Stormy Daniels' attorney Michael Avenatti was hit with a $10-million judgment Tuesday in U.S. Bankruptcy Court after he broke his promise to pay $2 million to a former colleague.
To settle his law firm's bankruptcy, Avenatti had personally guaranteed that the $2 million would be paid to Frank last week, but both he and his firm failed to turn over the money.
He also personally defaulted on an IRS Tax agreement
Quote:
At the hearing, the U.S. Justice Department revealed that Avenatti has also defaulted on just over $440,000 in back taxes, penalties and interest that he had personally promised to pay the Internal Revenue Service under another bankruptcy settlement for his law firm.
Remember Trump's comments about his six bankruptcies. Oh, he said they were with my corporations and not me personally. Avenatti's bankruptcy issues are with his company and not him personally.
In any other situation, Avenatti would be praised by Trump. Trump after all said not paying taxes was smart and screwing employees was de rigueur for Trump.
I am not making excuses what Avenatti conduct, merely pointing to the hypocrisy of the Trump supporter.
He doesn't pay taxes? I thought that means he's smart...
It's not his taxes he didn't pay. He's $5 million in arrears on his 941s (federal income and payroll taxes withheld from his employees' paychecks). He withheld the $$$$$ but didn't remit it to the IRS.
Michael Avenatti's estranged wife is becoming increasingly frustrated with his Stormy Daniels case because it is holding up their divorce, it has been revealed.
On Friday, Avenatti's resortwear entrepreneur wife Lisa Storie told of her frustrations.
'I need to be divorced and if [Michael Avenatti] continues to paint the narrative, he can ignore our case! Everyone reports we are divorced. That does not help my goal to get a divorce.
It's not his taxes he didn't pay. He's $5 million in arrears on his 941s (federal income and payroll taxes withheld from his employees' paychecks). He withheld the $$$$$ but didn't remit it to the IRS.
According to Avenatti he was not a stake holder in the company. At least not at that time. So it needs to wind thru court before you can make your assertions.
According to Avenatti he was not a stake holder in the company. At least not at that time. So it needs to wind thru court before you can make your assertions.
According to the LA Times article he has taken personal responsiblity for the non payment of the IRS taxes and paying the money back out of his own pocket. That is the $440,000 he failed to pay.
With his divorce, the Federal Courts and the IRS coming down on him he's in deep financial trouble.
Don't see where he can get a large enough payday from Stormy to help his problems unless some big Dem donor is paying him some big money to keep the issue alive.
Quote:
The firm is also delinquent on $440,291 in back taxes, penalties and interest that Avenatti promised would be paid last week, Assistant U.S. Atty. Najah Shariff told the bankruptcy judge.
Avenatti and his firm had accepted the deadline under an agreement reached with the Internal Revenue Service in January. It requires Eagan Avenatti to pay the IRS a total of $2.4 million.
Avenatti paid an initial installment of $1.5 million. Shariff told the judge that the government would soon file a motion demanding payment of the additional money that was due last week.
According to the LA Times article he has taken personal responsiblity for the non payment of the IRS taxes and paying the money back out of his own pocket. That is the $440,000 he failed to pay.
With his divorce, the Federal Courts and the IRS coming down on him he's in deep financial trouble.
Don't see where he can get a large enough payday from Stormy to help his problems unless some big Dem donor is paying him some big money to keep the issue alive.
There is always the russians
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
