Law Office of Allan E. Dunaway, PLC

Ex-agricultural commissioner Richie Farmer files for bankruptcy

Richie Farmer used to be Kentucky's agricultural commissioner. He was also a star of the University of Kentucky basketball team. However, after being convicted of violating state campaign finance and ethics laws, he was sent to prison. More recently, Farmer appeared in the news against, on May 4, after filing for personal bankruptcy.

The ex-politician filed his Chapter 7 bankruptcy petition in U.S. Bankruptcy Court in the Eastern District of Kentucky. According to his bankruptcy filing, Farmer has approximately $24,000 in personal assets, most of which comprise his state pension. Furthermore, he listed $386,000 in liabilities. The man further stated that he doe snot have a job and is currently living off $194 per month in food stamps. He also revealed in his pension that his parents provide him with approximately $400 monthly.

Farmer only recently left prison life last December after spending 27 months in a federal prison located in West Virginia. His prison sentenced related to the misappropriation of government resources during his time in office. Among his offenses included the use of state workers to construct a basketball court at his residence.

Difficult financial times can fall on anyone. Indeed, numerous individuals have risen to great financial heights only to have everything stripped from them as a result of difficulties surrounding money. This is where bankruptcy proceedings may be able to help individuals get back on sound financial feet again. Every situation is different -- and different situations give rise to different kinds of remedies. For Kentucky residents in the throws of debt problems, though, a bankruptcy attorney may be able to suggest appropriate solutions that can help.

Source:, "Ex-Kentucky basketball star Farmer files for bankruptcy," May 09, 2016

No Comments

Leave a comment
Comment Information
Contact the Firm

Get Sound Advice In A Free Consultation

For sound bankruptcy advice you can count on, from a skilled lawyer who truly cares about your future, contact the Louisville Law Office of Allan E. Dunaway, PLC. We have two convenient locations: Louisville, Kentucky, and Jeffersonville, Indiana. Our main office in Louisville is located off the beaten path so you won't have to deal with downtown traffic and can pull right up to our door and walk right in.

Call us at 502-785-1005, or send an email message. Our law firm welcomes the opportunity to serve you in any way we can.

If for some reason personal bankruptcy is not for you, if you do not qualify for the Chapter 7 approach via the "means test" and Chapter 13 reorganization is not the answer, Allan E. Dunaway works hard to inform you of other appropriate means of debt settlement that suits your unique needs.

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Kentucky Office

Indiana Office

714 Lyndon Lane
Suite 4
Louisville, KY 40222

Phone: 502-785-1005
Fax: 502-412-2258
Map & Directions

530 East Court Avenue
Jeffersonville, IN 47130

Phone: 502-785-1005
Fax: 502-412-2258
Map & Directions