And in fact, SOME of us are aware that Trump has filed for bankruptcy FOUR TIMES. Brilliant businessman that he is, which he must be, he keeps telling us so many times.
The DC Union Station was remodeled by a construction company in the times of Marion Barry, around the 70s-80s.. When the work was done and inspectors approved the remodeling, the company received the payment from the DC Treasury.
Right after the last penny was received, this company filled up for bankruptcy and changed its name. The location of the "new" company was the same. The construction equipment of the "new" company was the same. Most of the workers were the same. The same directors, the same offices, the same... the same.
But, the "new" company acquired a new logo, a new name, and this company was in business again.
After no more than a few months, it was found a structural problem in the DC Union Station and many claimed to "sue the construction company" which made the remodeling..
But, you can't sue a company that doesn't exist anymore. Lol.
This is a common trick that many companies do. You have no idea of how smart business people become to be in order to make more money right after a bankruptcy.
And, I think that this is how the name of Donald Trump was to become famous, when a scandal happened and his "former" company was involved. If you read his biography in Wikipedia, you will understand that he became more powerful right after each bankruptcy.
There are bankruptcies that happen when the lost is greater than the profit, and there are bankruptcies that happen in purpose, in order to avoid a court case, in order to create a bigger company, and so forth.