He said he chose to seek protection under federal bankruptcy law because was faced with foreclosure on his family’s home in the Columbia Forest neighborhood in South Arlington.
Carrying first and second mortgages and an auto loan, in addition to the credit card debt, he attempted to work out mortgage modification, but his creditors did not agree to it. His Chapter 13 petition was filed Oct. 16 in the federal bankruptcy court in the Eastern District of Virginia.
“This is the responsible way to handle it,” said Dorsey, who won a second term on the all-Democratic Arlington board Tuesday after facing no primary opponent and only nominal opposition in the general election. “I’m following … the process. I would certainly love to be in a position to pay it off. But I made a choice to do public service, and that sacrifice means my income dropped.”
Dorsey told The Washington Post on Tuesday that the delay was an oversight. At the request of board chairman Paul Smedberg, he agreed to return the donation from Amalgamated Transit Union Local 689, which represents most of Metro’s workforce and is preparing to square off with management over the planned privatization of some operations of the Silver Line’s Phase 2.
Dorsey raised $38,606 for his reelection campaign this year, and had $1,892 left in his campaign coffers as of Oct. 24. The $10,000 ATU donation represents about 26 percent of his donations.
He had another $10,000 donation, from the International Brotherhood of…