In July 1991, Trump’s Taj Mahal
filed for bankruptcy. He could not keep up with debts on two other Atlantic
City casinos, and those two properties declared bankruptcy in 1992. A fourth
property, the Plaza Hotel in New York, declared bankruptcy in 1992 after
amassing debt.
Two more bankruptcies were filed after 1992, totalling six. Trump Hotels and Casinos Resorts filed for bankruptcy again in 2004, after accruing about $1.8 billion in debt. Trump Entertainment Resorts also declared bankruptcy in 2009, after being hit hard during the 2008 recession.
However, Donald Trump has never filed for personal bankruptcy.
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