The Trenton Times published the following article on November 12, 2013. To read the full article, click here.
History of financial struggles for Trenton Mayor Tony Mack continue with bankruptcy filing
By Alex Zdan/The Times
on November 12, 2013 at 6:40 AMTRENTON — In another chapter of a decade-long struggle with his own financial affairs, Mayor Tony Mack filed for personal bankruptcy protection earlier this year with half a million dollars of debt, public court records show.
Mack, who oversees a $200 million budget as mayor of the capital city, did not see the process through to the end. A federal judge dismissed the bankruptcy case in June, after Mack and his attorney missed deadlines and skipped a court hearing.
The Chapter 13 application, made for debtors with a regular income who seek to pay their creditors back in installments, was filed in February. Although Mack has a $126,000 yearly salary as mayor, his creditors included the banks carrying multiple mortgages on his house and three rental properties. Also listed as debtors are the IRS and state Division of Taxation.