Pravda Bill Files for Bankruptcy

Thanks Donaldo

 

http://www.roanoke.com/news/roanoke/wb/166450

Roanoke neo-Nazi files for bankruptcy
William White is seeking Chapter 11 protection after what he called a "cash
crunch."
By Laurence Hammack
981-3239

Four years after coming to Roanoke and starting a rental home business that
quickly drew attention to his role in the white supremacy movement, William
White has filed for bankruptcy.

White, a neo-Nazi activist who is perhaps better known for his virulent
Internet postings than as the owner of White Homes and Land LLC, recently
sought Chapter 11 bankruptcy protection.

In a petition filed last week in U.S. Bankruptcy Court for the Western
District of Virginia, White listed assets of $1.9 million and liabilities
of $1.4 million.

White, commander of the Roanoke-based American National Socialist Workers
Party, was one of the country's few white supremacy leaders with a viable
business, giving him both credibility in the movement and the financial
means to spread his racist views, according to one expert on hate groups.

"Now that's gone, and I think he has very little left," said Mark Potok,
director of the Intelligence Project for the Southern Poverty Law Center.

"It's a remarkable end for a guy who simply can't stop bragging about what
a brilliant businessman he is."

According to an SPLC report issued earlier this year, White came to Roanoke
in 2004 to start a real estate business, maxing out several credit cards
for the capital to purchase the first of about 20 homes he currently
maintains as rental properties in an impoverished part of the city's West
End neighborhood.

About the same time, White began to post racially charged comments on his
Web site, complaining about his black tenants and suggesting that he would
evict them as part of a "ghetto beautification project."

A federal housing discrimination complaint filed by the local chapter of
the National Association for the Advancement of Colored People produced no
charges against White, who continued to use overthrow.com as a forum to
comment on race relations both in Roanoke and across the country.

White said Tuesday that his reliance on credit cards had nothing to do with
his financial difficulties, which he attributed to medical bills of more
than $130,000 from the recent hospitalization of his wife and newborn
daughter.

"We're just reorganizing some debt," he said.

"The property is certainly not underwater. We have plenty of money in it,
but we just had a temporary cash crunch."

White said he has been planning for some time to sell his rental homes. He
said the bankruptcy proceedings should have no effect on his home
construction business or on his role as leader of his neo-Nazi organization.

Although White discounted the role that credit cards played in his
financial difficulties, a list of his 20 largest unsecured creditors in the
bankruptcy filing includes more than $52,000 in credit card debt.

White said he has paid off the credit card used at the start of his
business.

As assets, White listed 13 rental properties on Chapman and Patterson
avenues with a combined value of more than $1.3 million. He also listed
about $565,000 in personal property, the bulk of which he said came from
his interest in White Homes and Land. The remaining seven rental properties
are listed in the name of White's company and were not included in his
personal bankruptcy.

Another section of the 70-page bankruptcy petition contains evidence of
White's cash-flow problem: While his business grossed about $550,000 in
2007 and $541,000 in 2006, income to date this year was listed as just
$78,797.

White's financial problems come at a time when his neo-Nazi activities have
been getting more attention.

In perhaps his most publicized controversy, White used his Web site in
August to post the names and addresses of the defendants in the Jena Six
case, a racially charged assault proceeding in Jena, La. Next to the black
defendants' contact information, White posted the words: "Lynch the Jena 6."

Although the FBI said at the time it was investigating White's actions, no
legal action has been taken against him in connection with the Jena Six
case.

More recently, White tangled with lawyers involved in a housing
discrimination case in Virginia Beach. After White inserted himself into
the case -- sending racially charged letters to black tenants who had sued
their white landlord -- lawyers for the plaintiffs asked a judge to impose
sanctions against him. The judge has yet to make a decision in that case.

Regardless of what happens to White in bankruptcy court, Potok acknowledged
that it will likely have little influence on his penchant for posting nasty
and Nazi-inspired views on the Internet.

"My guess is that Bill White will continue to try to be a player in the
movement," Potok said, "because he has an ego as large as the planet."

******************

Footnote from Donaldo -

Date: 6/20/08 4:35 PM

Subject: P1/QOD/Pravda Bill Joins Linder in Chapter 11

Brother Zionist:

Put the Jew Mark Potok in for QOD for:
"My guess is that Bill White will continue to try to be a player in the
movement, because he has an ego as large as the planet."-Jew Mark Potok

Further, the Jew didn't say how he likes his home address being posted on
Pravda Bill's website. This Jew is one of the first who should be sent
home to Israel. We Zionists could do him proud.

We Rastafarians could really help Pravda Bill's Ghetto beautification
project. I am hoping to win him over on the Shining Path to Africa.

DEP
Z R

 

Freedom isn't free! To insure the continuation of this website and the survival of its creator in these financially-troubled times, please send donations directly to the Birdman at
PO Box 66683, St Pete Beach FL 33736-6683

"The smallest good deed is worth the grandest intention."

Please contribute today - buy our books - and spread the word to all your friends!
Remember: Your donation = our survival!

* * * Back to the Home Page of John "Birdman" Bryant, the World's Most Controversial Author * * *