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Kenerly files for bankruptcy

LAWRENCEVILLE -- Things continue to worsen for Kevin Kenerly.

Kenerly -- a county commissioner from 1994 until his tumultuous resignation in November 2010 -- filed for Chapter 11 bankruptcy protection in U.S. Bankruptcy Court, Northern District of Georgia on Monday, citing less than $50,000 in estimated assets.

A receptionist for Atlanta attorney George Geeslin, who is handling Kenerly's bankruptcy case, abruptly declined comment for him Wednesday.

"He's not talking about Kenerly," she said.

Documents filed by Kenerly listed just under $3.5 million in debts, including more than $1.6 million owed on his nine-bedroom, 15,308-square-foot home in Chateau Elan. They also included nearly $700,000 toward a property in Myrtle Beach, S.C., and about $67,000 worth of payments on three separate vehicles.

An online listing for Kenerly's mansion in Chateau Elan -- an upscale golf community in Braselton -- values it at about $2.8 million. The home is on the sixth hole of the Legends Championship Golf Course and includes a 40-foot pool, four-car garage and spacious home theatre.

Chapter 11 involves a reorganization of a debtor's business affairs and assets, and is one of the most complex forms of bankruptcy.

Kenerly made his career and hearty living in the real estate and property business, a field ravaged by the housing and financial crises of the last few years. Perhaps ironically, it was accusations of shady land deals that eventually landed the then-longest tenured county commissioner out of office.

Kenerly was originally indicted in October 2010 on one charge of bribery, a special grand jury accusing him of accepting $1 million from a developer to enable a favorable transaction when the county purchased land for an expansion to Rabbit Hill Park.

That indictment was voided in July by the Court of Appeals of Georgia, which found that the grand jury did not have the power to indict.

Kenerly was indicted on the same charges again less than a month later.

-- Senior writer Camie Young contributed to this article

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Comments

CD 3 years, 3 months ago

Folks: this is why we need Bannister-Kenerly-Webb International Airport. This may have kept Kevin out of Chapter 11. Don't we, the taxpayers, owe it to Kenerly to roll over and give him and the merry band of gluttonous heathens what they want and deserve? Now, how about a rousing round of applause for the Gwinnett Chamber guided, recklessly, by Nick.

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Cleanupguy 3 years, 3 months ago

CD - looks like you're just a one trick pony. Please get over the ghosts of evil past and focus on the ones that can still do us harm - those currently in office. None of those you alluded to have any power any more - driving while looking in the rearview mirror can only lead you to yet another wreck. Anyway, those behind the curtain are still in place running the show - keep an eye on them.

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CD 3 years, 3 months ago

Sarcasm: more or less, one needs the IQ to deal with it.

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Cleanupguy 3 years, 3 months ago

That explains your repetitive living in the erroneous past comments elsewhere (Bannister-Green the last time, wasn't it?) - thanks.

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Coolray 3 years, 3 months ago

The County ATM closed for him thanks to Danny Porter

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HonestIngine 3 years, 3 months ago

Couldn't even take care of his own debts, and he was running the county... Just like our Governor... File backrupcy to avoid paying for their mistakes....as we the taxpayers scrap every last cent to keep our homes and food on our tables....Two peas in a Pod... Nathen Deal is no different than Kenerly.

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R 3 years, 3 months ago

Oh he took care of his debts alright, he just lost access to the “Citizens of Gwinnett” Bank prematurely…

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jack 3 years, 3 months ago

This website does not have the bandwidth to support the number of jokes this story evokes.

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Oliver 3 years, 3 months ago

If he loses his home to forclosure, there's probably some empty space in the $20-million-over-budget baseball stadium into which he can move. And if he needs a new source of income, maybe he can get a job mowing and painting lines on the football field named after him in Duncan Creek Park. wait, what? nevermind

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LilburnLady 3 years, 3 months ago

Kenerly may be gone, but he leaves behind a legacy that all of us who live in Gwinnett have to deal with for the foreseeable future. The legacy includes dozens of zonings in which he gave re-zonings to his developer buddies over the objections of all of the surrounding neighborhoods and in which he disregarded or bent the zoning regulations to allow incredibly dense, cheaply-built developments which today, are worth less than the older homes surrounding them.

I feel for his family, but his story is a prime example of where unbridled greed and arrogance will eventually lead you. Too bad the rest of us will be dealing with the collateral damage he caused for years to come.

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apsLilburn 3 years, 3 months ago

If that monument of this guy is still up in Duncan Creek Park it needs to be taken down. A quick shove by a tractor would do it. First artificial field at a county park and it just happened where Kenerly coached? Kenerly stated that he had nothing to do with that decision. Right!!!

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kevin 3 years, 3 months ago

Look at the assets he owns. They are worth way over $50,000!! Boy, what an accummulation of wealth. I wonder where all that money came from and why he was such a show-off?

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CD 3 years, 3 months ago

I'm tempted to sit in on his 341 hearing. Besides, the food is pretty good in the Federal Building. I'm thinking of the coconut pie now.

NewsReader is correct. No one should be jealous or angry of those that EARN their wealth. But the taxpayer should not be expected to subsidize wealth or the appearance of it.

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kevin 3 years, 3 months ago

when do these people ever go to jail? we should look at the judges next.

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