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LOS ANGELES : Attorney Mitchelson Files for Bankruptcy

Celebrity attorney Marvin Mitchelson filed for protection from creditors Monday under Chapter 11 of the U.S. Bankruptcy Code.

The famed divorce lawyer listed assets of about $7 million and liabilities of $4.5 million, bankruptcy attorney Scott Clarkson said. Among listed creditors are several attorneys, including those representing Mitchelson in his federal court trial for tax fraud. A jury is deliberating that case.

The Internal Revenue Service is also listed, Clarkson said, adding that a reorganization plan will be presented in bankruptcy court within four months.

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