According to his own court filings, Sonny Pilcher owes nearly $6 million to individuals and businesses, but there have been allegations he has been hiding assets, too.
Peabody's North Antelope Rochelle mine has largely avoided the job cuts at other mining operations and has increased its employment by 4 percent since 2011.
Casper businessman Sonny Pilcher, who is serving a one-year prison sentence for tax fraud, owes creditors more than $5.2 million, according to his petition for Chapter 7 bankruptcy protection.
California has certainly had its share of financial woes, and now the city of Stockton, about 80 miles east of San Francisco, is set to become the largest American municipality to declare bankruptcy.
Some major companies and corporations such as MF Global and AMR, the parent company of American Airlines, have filed for bankruptcy.
In the process, they may have, directly or not, caused some people to go bankrupt.