According to the Lexington Herald-Leader, former Cat and agriculture commissioner of Kentucky has declared for bankruptcy. This comes after Farmer went to prison after misusing state money while he was in office, derailing his political career.
Farmer’s petition states that he is living off of $124 a month in food stamps, with assistance from his parents who give him $400 a month. He listed that his assets total $24,259, most of which is in his state pension, and liabilities are $385,745.
The two biggest liabilities that Farmer has is his Frankfort house, which was recently foreclosed, that he owes $207,904 and $120,000 in restitution to the state as part of his criminal case.