His businesses have a 98% success rate. He's created over 500 hundred business, with 10-11 that failed, four of which went through Chapter 11 bankruptcy (reorganization). While both Chapter 11 and Chapter 13 procedures involve obtaining legal protection from creditors, it's important to distinguish that Chapter 11 involves structuring a reorganization of the business so that some (case by case determination) of the debts will be paid off according to the schedule . Chapter 13 is the belly up, walk away method. Additionally Chapter 11 is almost frequently mandatory a precusor to Chapter 13 cases. It is unclear who many of the four Trump owned businesses bankruptcy cases went to Chapter 13, but all four of them entered Chapter 11, and made attempts to pay off creditors in accordance with the law.
At the end of the day Trump's four business (not personal) bankruptcies only further demonstrate his business acumen and understanding of both the law and the economic landscape. His companies took advantage of legal protections, as any business would. It seems that a majority of people who think this is a negative fail to understand the very nature of corporate law and the economic vernacular of the modern day. Trump understood that the laws apply to everyone, rich, middle class, and poor (his opponent clearly cannot say the same thing). These people also struggle with elementary school mathematics. It must be that dividing 11 by 515 is too complex for them. The failure result is 2% rounded to the nearest whole number, leaving 98% of the ventures successful. To those who still think that Trump's four corporate bankruptcies makes him a failure please enlighten us to the economic successes of the Affordable Care Act, the City of Detroit, Castro's Cuba, or that charming tropical paradise in Venezuela. For those are the alternatives to Trump now. They will bring us massive overpowered government of socialism, which has proven over and over again does not work.