Best Sunshine vice president Browne files for bankruptcy
Donald R. Browne
Best Sunshine International, Ltd. vice president Donald R. Browne has filed a Chapter 13 Bankruptcy petition in the U.S. District Court for the NMI.
Under Chapter 13 Bankruptcy, debtors propose a repayment plan to make installments to creditors over three to five years. Also known as reorganization bankruptcy, it enables individuals with regular income to develop a plan to repay all or part of their debts, according to U.S. courts.
Attorney Alexis Fallon filed yesterday the bankruptcy petition for Donald Browne and his wife, Sarah A. Browne.
Mr. Browne listed casino vice president as his occupation and named Imperial Pacific International as his employer’s name.
Mr. Browne said his monthly gross income is $21,154, but his monthly take home pay is $15,882. Mrs. Browne said she is not employed.
The couple claimed that their total assets are $218,533 and their total liabilities are $178,562.
The couple’s debts are primarily consumer debts, including several credit cards.
How in the world is this considered news worthy when this is his personal bankruptcy? His bankruptcy has nothing to do with BSI, other than the fact that he is just an employee. I feel this article was only written to fill up space and meet a deadline. Thanks to this article, the community will now question Donnie Browne and BSI’s integrity while I question Saipan Tribune’s. I wonder how you manage to sleep at night, Ferdie De La Torre.
In journalism it’s called “prominence” involving BS rattled by more BS.
Oh brother, CNMI GOP lawmakers, this is on your shoulders for approving it.
Fyi, BSI employees and their immediate family members are not allowed to play in the casino.
So he has roughly $10,000 per month to apply to debt service. Shouldn’t be a problem. Shouldn’t even need a five-year plan. In fact, why does he need bankruptcy at all? Work with his creditors and pay it all off in 18 to 24 months.
Because, he plans on either staring a business, and or becoming the “front-name” for a Chinese “investor”, therefore he must demonstrate to the board of business registry that he is financially sound; which he can do if he takes this route. At least, from my conversations.
Our lawmakers have “integrity”,
who knew??
That makes no sense at all, Bradzula. Would you give money to someone to gamble it away?
il give it to that poker champ. lol.
Wow, a soothsayer in our midst!
Okay, but if he were employed with a prestigious local company, like Joeten, would this matter to you? Will you become more compassionate toward his situation? I feel that just because he’s a BSI employee just adds fuel to the fire.
Buenas Jun,
I see your point, however I don’t understand how his personal finances alone can justify his work ethics.
you are blind to the facts of bs and will always be when you share the same bed.
We all have come full square with bankruptcy so why demonize the guy?
I agree with you JanJan!
“Mrs. Browne SAID”?!!
That’s funny, I have never spoken to this reporter to be quoted as “saying anything”, nor do I reside in CNMI. How can anyone there possibly know what I’ve said? Poorly worded reporting.