JumpCon’s Story Ends with Chapter 7

Shane Senter, already charged with felony theft in New Hampshire for his handling of JumpCon, the series of celebrity-studded conventions planned in several cities, now has filed in federal court for Chapter 7 bankruptcy protection from actors and facilities who claim he owes them more than $8 million.

Chapter 7 leads to a complete liquidation and, as Airlock Alpha explains, the creditors aren’t likely to get much:

The court filings reveal some interesting aspects of Senter. Over the last three years, he has received nearly $10,500 in disability payments through Social Security, making about $700 a month in SSDI and food stamps.

He also lists minimal assets including five gaming chairs valued at $125, a pair of virtual reality glasses at $120, various games and a gaming system at $588 and a $120 projector.

Senter lists only $1,900 in total assets, of which $1,300 is claimed exempt under federal bankruptcy laws.

His biggest debt is to Hilton Hotels Corp. for $4.6 million after losing an arbitration case against them. He also owes $2.5 million to various hotels, including $345,150 to the Renaissance Montgomery Hotel and Spa in Montgomery, Ala., and $10,000 to the Boston Park Plaza Hotel & Towers where he was supposed to host his first JumpCon.

Airlock Alpha’s article also names all the celebrities’ with claims against Senter.

Senter currently is free on bail.

[Via Lloyd Penney and Smofs.]

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