Skip to main content
(678) 915-2634 Contact Us
Billionaire’s ex-wife files for Chapter 7 bankruptcy Atlanta, GA

Personal Attention & Experience Since 1971 Family-Owned, Family Focused

Client Reviews

Billionaire’s ex-wife files for Chapter 7 bankruptcy

upset couple turning back on each other

Anyone who has filed for Chapter 7 or Chapter 13 bankruptcy will sympathize with one couple’s reflection on the years leading up their bankruptcy filing: “We spent too much, too fast.” While not everyone who files for personal bankruptcy is a millionaire socialite who owns a vineyard, a $100 million mansion, and millions of dollars worth of jewelry, furniture, and antiques, it seems that Patricia Kluge’s path to bankruptcy is not entirely different from most filers.

Kluge is a native of Great Britain who, in the 1980s, married the late billionaire John Kluge. The couple divorced in 1990, and Kluge went on to marry twice more. About ten years ago, Kluge and her current husband, William Moses, began work on a passion project: building a 776-acre vineyard with the hopes of creating a world-renowned wine from Virginia.

Although the couple had some success – their wine has been served at the White House – the vineyard, like many other small businesses in Georgia and throughout the country, was not immune to the economic recession. They soon found themselves unable to make loan payments, and the vineyard was seized by their lender.

After putting everything they owned into the failed vineyard, the couple found themselves in a precarious financial situation. They began to sell off some big ticket items, such as platinum and diamond jewelry and Cartier watches, furniture and antiques from their famed Virginia home, and even the home itself (the house ultimately went into bankruptcy and was sold for $15 million at auction).

However, these efforts fell short, and the couple was forced to file for Chapter 7 bankruptcy last week, citing $50 million in debt. Their remaining assets will be sold off to pay creditors.

Source: Wall Street Journal, “Socialite and Wine Maven Files for Bankruptcy,” Jacqueline Palank, 21 June 2011

Posted on behalf of Jamie L. Gingold, PC

195 14th Street NE #1604
Atlanta, GA 30309

Phone: (678) 915-2634


First Free

    DisclaimerPrivacy Policy

    I have read the Disclaimer and Privacy Policy

    Our Client Reviews

    Jamie L. Gingold, PC
    5.0 / 5.0

    Based on 28 reviews

    Jack L.

    They did an excellent job with my case. Jamie took the time to really listen and understand things. She delved into the details and was extremely knowledgeable and non judgmental. Very professional and they know what they are doing. Would definitely recommend!

    Karen B.

    Dear Mr Gingold, There are so many reasons to be thankful for all you have done and will do. Anyone who has ever had unfavorable experiences with an attorney or the legal system will feel the trepidation that I experienced once I realized that my situation seemed hopeless. It was by chance and happily good luck that I decided to put my future and sanity into your hands. I was mortified at having to deal with my debts by claiming bankruptcy. I remember in our first meeting how you assured me that I was not alone and should not feel ashamed. And, anyone in this position obviously does not have money to spare and you were clear about all the costs and allowing me to pay according to my own ability to do so. You advised me in all aspects of the law, but also, you were at each meeting incredibly supportive and complementary of my personal and professional plans. Anyone else in this situation should feel blessed to have access to your expertise and support.

    Lyla B.

    I thought the process of filing bankruptcy was going to be a difficult one. However, Gingold & Gingold treated me with respect and dignity from the moment I walked through their door. I had the pleasure of working with Jamie. She is very responsive, professional, and knowledgeable. She took the time and listened to my every concern and handled each and every one of them to my satisfaction. My experience with filing bankruptcy under Gingold & Gingold's representation exceeded my expectations in a major way. They gave me such a peace of mind. I am very pleased with my decision of going with Gingold & Gingold to represent me when I filed Chapter 13 bankruptcy.

    Julie T.

    Wow! I am finally out of debt and can say that I am debt free after completing my chapter 7 bankruptcy case with Gingold and Gingold. Mr dangled was very knowledgeable and direct with regard to my debt situation. there were no surprises and the case went as I was advised. The staff was also very helpful whenever I had a question. I will definitely recommend them in the future to my friends.

    Julie T.

    I contacted getting old and getting old regarding some old tax debt and credit card debt that I needed to address and had been putting off. miss Irving in the office was very very nice and put me at ease. I met with Jaime Gingold. She was very nice and explained the procedure to me and what would be left owing to the Internal Revenue Service and the State of Georgia after my case was done. My case has now been completed and I am on my way to a new start. Thank you Gingold and Gingold for all of your help.

    Anna T.

    Amazing! Outstanding!! They went over and beyond..I would recommend them to anyone needing a lawyer!!

    Write a review