Jay Morrison - Bankruptcy Breakdown - Financial Advisor Reacts - (1 Hour Edit) скачать в хорошем качестве

Jay Morrison - Bankruptcy Breakdown - Financial Advisor Reacts - (1 Hour Edit)

Financial Advisor Jayson Thornton, CFP -- REACTS -- Financial Advisor Jayson Thornton, CFP -- REACTS -- to the Bankruptcy of Jay Morrison and the financial condition of the Tulsa Real Estate Fund - also reacting to his recent interview with the Social Proof Podcast. https://www.pocketwatcher.net/ FREE Consultation! https://www.thornton-financial.com/fr... FREE FINANCIAL PLANNING APP - https://app.pocketwatcher.net/ Episode Summary In this "Bankruptcy Breakdown," certified financial planner Jayson Thornton pulls back the curtain on the financial history of Jay Morrison. JT reveals how Morrison filed for Chapter 7 personal bankruptcy in 2016—reporting only $40 in his pocket—at the exact same time he was launching the Tulsa Real Estate Fund and branding himself as a multimillionaire mogul. By examining public court records, JT exposes a history of fraud judgments, business partner disputes, and the stark contrast between Morrison's projected "generational wealth" and his actual reported income. Timestamps 00:00 Introduction: Pocket Watching with JT 00:13 Who is Jayson Thornton, CFP? 01:15 Why we are reviewing Jay Morrison’s bankruptcy 02:54 Addressing the "Crabs in a Barrel" criticism 03:45 The Jay Morrison origin story: From Kingpin to Real Estate 06:14 Morrison's rise on The Breakfast Club 08:22 Launching the Tulsa Real Estate Fund 09:13 The 2016 Bankruptcy filing breakdown 11:17 Explaining Chapter 7 vs. Chapter 11 bankruptcy 12:59 Fraud allegations from former business partners 14:43 Details of the 2005 Bridgewater property deal 18:02 The $200,000 fraud judgment against Morrison 19:18 The timeline: Bankruptcy vs. Tulsa Real Estate Fund launch 21:00 Reviewing Morrison’s 2016 income and expenses 22:48 Assets: "Zero Real Estate" and $40 in cash 24:32 Debunking the "Own Nothing, Control Everything" myth 26:27 Risks of perjury and bankruptcy fraud 30:35 Dr. Boyce Watkins and the PhD "Stamp of Approval" 34:18 "SEC Approved" vs. "SEC Registered": Knowing the difference 36:22 The NFL Players Association warning (2018) 40:22 Explaining "Arbitrary" offering prices 41:46 The "Going Concern" warning from auditors 43:46 Final tally of liabilities: Over $710,000 in debt 45:03 The final settlement and bankruptcy discharge 47:16 Applying the 50/30/20 rule to Morrison’s real income 49:30 How to get real financial advice at PocketWatcher.net DISCLAIMER Financial Coaching during show is NOT personal investment advice, No CFP-Client relationship is established by watching the show or submitting a question. Cash App $PocketWatcherJT email PocketWatcherJT@gmail.com Follow ig @JTPocketWatcher Twitter @JTPocketWatcher Certified Financial Planner ALL CONTENT OWNED & PRODUCED BY POCKET WATCHER LLC