Former wrestler files for bankruptcy
Sep 19, 2012 - by Steve Gerweck
Rulon Gardner has led a life of triumphs and traumas, from winning Olympic wrestling gold to surviving a plane crash, getting tossed from a motorcycle and getting lost on a snowmobile (which cost him a frostbitten toe). Now, he’s filed for bankruptcy.
Gardner, 41, who grew up on a dairy farm in Wyoming, filed for bankruptcy on Aug. 31 in federal court in Salt Lake City. He requested Chapter 7 bankruptcy, also known as straight liquidation, under which assets (except for some exempt) are sold to pay off creditors.
According to documents filed by Gardner on Sept. 10, creditors hold about $2.934 million in unsecured claims against him, $2.8 million of that is owed to the West Coast Lending Group of Salt Lake City.