The Event is an American television science fiction series based on a group of extraterrestrials, some of whom have been detained by the United States Government since their ship crashed in Alaska 66 years ago, while others have secretly assimilated among the general populace.
According to testimony provided in 2007 by John Fife Symington III, the 19th Governor of Arizona witnessed his version of a real life event where potential extraterrestrials might have attempted to settle on Earth.
Symington served as Governor of Arizona from 1991 until his resignation in 1997. During his last year in office, Symington witnessed the famous Phoenix Lights UFO event. As Governor, he downplayed “the event” explaining later he did so to avoid public panic.
While acknowledgment of the UFO event by their Governor may have shaken the confidence of the Arizona citizens, a couple of other real life events also shook the citizens.
Two years prior to his resignation as Governor, Symington filed Chapter 7 Bankruptcy. According to news articles, he claimed $24 million dollars in debts and $61,000 in assets. The debts were reportedly the result of his involvement in the development of a shopping center and other real estate deals.
The bankruptcy proceedings also revealed Symington had secured loans in the 1980s and early 1990s for his business ventures, but he was indicted on charges of extortion for making false financial statements and bank fraud. He was convicted of bank fraud in 1997. Since Arizona state law does not allow convicted felons to hold office, he resigned his office. The controversial Governor was pardoned for his offenses by President Bill Clinton in 2001.
In The Event, we learn the extraterrestrials have come to Earth because their world is dying, and they want to live in a world that will provide them with a fresh new start. In one sense, the extraterrestrials in the TV series have something in common with people, like the Governor, who file for bankruptcy.
Filing for bankruptcy is a legal proceeding designed to protect both creditor and debtor and to allow the honest person or business to work their way out of a bad financial situation. The “event”, in the case of bankruptcy, can allow debtors to make a fresh start.
Bankruptcy fraud is a crime. While difficult to generalize across legal entities, common criminal acts under bankruptcy include: concealment of assets, concealment or destruction of documents, conflicts of interest, fraudulent claims, false statements or declarations, and fee fixing. Falsifications on bankruptcy forms often constitute perjury. The new bankruptcy laws which are more generous to honest debtors were never intended to allow criminals to commit fraud.
Whether or not former Governor Symington was an honest or dishonest person is not really the point. The point of using him as an illustration is to show that bankruptcy can happen to anyone, including the famous, the rich, or public office holders.
If you need a fresh new start and you are considering filing for bankruptcy, contact a bankruptcy lawyer. If you need relief from the stress of debt debt and you live in or around the metropolitan area of Sacramento, California, contact us at www.betterbankruptcy.com .We will help you find a bankruptcy attorney in your area who will answer your bankruptcy questions.
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