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{"contentId":"3498843","authorDomain":"ap2398"}

Former Middle East hostage files for bankruptcy

Fri Nov 13, 2009 2:46 PM EST
business, us-news, us, middle-east, bankruptcy, former-hostage
Associated Press
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LEXINGTON — Former hostage Terry Anderson, who was held captive in the Middle East for 6 1/2 years, has filed for bankruptcy.

In the chapter 7 bankruptcy filed Nov. 3, which was first reported by The Columbus Dispatch in Ohio, Anderson claimed $1.8 million in liabilities and $60,000 in assets.

Anderson was chief Middle East correspondent for The Associated Press when he was kidnapped in Lebanon by Iranian-sponsored terrorists. He was freed in 1991. He is now a lecturer at the University of Kentucky.

After being released, Anderson received a $26 million judgment in a lawsuit against Iran. In 2004, he lost an Ohio Senate race.

The bankruptcy filing lists 17 credit cards, some with debt related to a restaurant in the Virgin Islands.

Anderson did not immediately return phone messages.

© 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
{"contentId":"3498843","authorDomain":"ap2398"}
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