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Larry King’s Early Career Financial Struggles

Published December 2, 2015 by Erin B. Shank, P.C.

Although Larry King is now a household name, the famous talk show host almost ruined his broadcasting career in the late 1970s when he found himself faced with considerable financial struggles.

As King began to gain some name recognition for his radio show and celebrity interviews in Miami in the 1960s, he began living far beyond his means, famously spending money on expensive cars and betting on horse racing. In the early 1970s, King found himself in serious debt, divorced, and fired from his job after a Wall Street scandal.

King did not hold a regular position in journalism for over four years, which worsened his debt, leading him to declare bankruptcy in 1978. That same year, his situation began to turn around when he was offered a position hosting a late-night talk radio show in Washington D.C., which eventually became his tremendously successful CNN television show, “Larry King Live”.

With the help of bankruptcy, King was able to successfully overcome his outstanding debt, regain a solid financial start, and build what is now recognized as one of the most famous talk shows in our country’s history.

So, if you have had a financial setback, you can get a fresh start (like Larry King) by filing a Chapter 7 bankruptcy case, getting a fresh start and beginning again on your road of financial rebirth. Millions of Americans each year, like Larry King, find that there debts are insurmountable and they need to use our country’s laws to let them start over again.  Erin B. Shank, P.C., has been practicing bankruptcy law exclusively in Texas for over 32 years and has helped literally thousands of Central Texans obtain their financial fresh start. If you have financial problems, you are not alone. Let Ms. Shank’s 32 years of experience help you overcome your financial difficulties and start over again. Having a financial problem is nothing to be embarrassed about. Let Ms. Shank and her experienced team help you start over again financially. Call (254) 296-1161 today for your free consultation.

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