Most of us could only dream of the possibility of finding sunken treasure. However, in 1980 that is exactly what Tommy Thompson’s deep-sea exploration company did. It wasn’t just a few pieces of eight either. When they found the wreck of the SS Central America off of the coast of North Carolina Mr. Thompson’s crew pulled more than three tons of gold, silver and other treasures from the watery depths. The entire haul was estimated to be worth at least $100 million dollars.

However, that seems to be where Tommy Thompson’s luck ran out. After the big finding he has been fighting non-stop with former partners and investors. He has had his company taken over after a court order and he is caught up in quite a bit of bankruptcy issues. On top of that it seems that Mr. Thompson decided to run off and disappear. An order for his arrest has been issued.

Really, after looking at this case, it seems that finding a treasure of gold may cause you more headaches than it is worth. If you are facing bankruptcy we really don’t recommend you take to the high seas and try to disappear. Bankruptcy is hard but it can ultimately lead to a fresh start. Your situation doesn’t have to get as messy as Mr. Thomson’s did, give us a call and let us help you take care of your problem.

To read more about the Bankrupt Treasure Hunter you can read the full Wall Street Journal article here. http://blogs.wsj.com/bankruptcy/2013/07/15/receiver-wants-fugitive-treasure-hunters-bankruptcy-case-tossed/