San Jose Bankruptcy Attorney comments on the post-bankruptcy turnaround of former television star Willie Aames.
San Jose Bankruptcy Attorney comments on the post-bankruptcy turnaround of former television star Willie Aames.
Willie Aames, star of “Eight is Enough” and “Charles in Charge” recently held a yard sale to sell off his belongings following a Chapter 7 bankruptcy, divorce and violent suicide attempt. Aames has filed for bankruptcy protection twice since 1997 and his wife left him after his most recent bankruptcy filing.
Aames is currently undergoing a life transformation and is studying to become a financial advisor. While that may seem ironic, Aames views it as an inspirational experience for those who may be going through similar circumstances. “As of Dec. 12, I had no wife, no family, no car, no computer, no home, no electricity, no gas and no way to obtain any of it,” Aames said. “How do you start over from scratch? I didn’t know. But I thought that if I made it, maybe, just maybe, it would be helpful to some people.”
Aames post-bankruptcy plan is underway. He has passed the Series 7 and Life and Health examinations, which are two of the three examinations necessary to become a financial advisor. His story was chronicled on a television show on VH1 last week.
Aames has downsized his life, moved into a much less expensive apartment, and is studying hard to make the transition to a financial advisor with the help of executives from Waddell & Reed and Stifel Nicolaus & Co.
Life after bankruptcy for Willie Aames hasn’t been easy. But he is making headway toward his goal.
Back from bankruptcy, Willie Aames looks to make change, Kansas City Star, November 5, 2009
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