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Arkansas coach John L. Smith has amended his bankruptcy filing, listing $40.7 million in debts - up from $25.7 million just last month. The filing in U.S. Bankruptcy Court in Little Rock on Wednesday shows Smith has $1.3 million in assets. His previous filing listed $25.7 million in debts and $1.2 million in assets.

The difference appears to be $15 million owed to Branch Banking & Trust in Louisville, Ky. The original filing on Sept. 19 listed the amount owed to Branch Banking & Trust as unkno
Filed Under: SEC Sports
12 Comments
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MThawg139 months
Failed businesses and terrible real estate with greedy over lending banks.
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Polycarp139 months
That'll cool your piss off
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mandevilletiger34139 months
What did he spend that much on?
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LSUAlum2001140 months
I see nothing wrong with it.

JLS is just doing what the US government has been doing for a long time.
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km140 months
This is clinton country, any thing is possible. "I did not have loans with that banker" "define: debt"
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Worley13140 months
nice. Wish I was just in the position to borrow THAT much money, if I wanted. I cant even fathom that much money- much less OWE it.
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SouljaBreauxTellEm140 months
Smile
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LSU1NSEC140 months
Over leveraged to say the least.
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TigerB8140 months
I'm thinking JLS should have filed for bankruptcy a long time ago.
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dagrippa140 months
The banks were retarded and greedy.
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Dignan140 months
The Arkansas AD had integrity when he fired Petrino, but it's hard to believe he couldn't have found a more suitable interim replacement.
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MoreOrLes140 months
How does a person with 1.3 million in assets borrow and credit that much money?

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