Dykstra: Bankruptcy Shmankruptcy!
Former baseball star Lenny Dykstra, who filed for Chapter 11 protection last July, now wants a bankruptcy judge to dismiss his case, claiming he doesn’t belong in bankruptcy.
“Bottom line, you don’t belong in bankruptcy when you have $100 million in assets,” Dykstra told WSJ.com’s Patrick Fitzgerald.
It’s unclear how the ex-ballplayer arrived at the $100 million figure. It also raises the question as to why he sought bankruptcy protection in the first place, since creditors have only filed about $27 million in claims against him. Dykstra referred further questions to his lawyer, who couldn’t be reached for comment.