City Council Candidate Reveals Past Bankruptcy

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Mike Farruggio Mike Farruggio

A Democratic candidate for Albemarle supervisor recently revealed he had filed for bankruptcy in 2002. And now it appears a Republican candidate for Charlottesville City Council has a similar story.

NBC29 learned from Republican Party officials Thursday that Mike Farruggio also has a bankruptcy on his record.

Farruggio says he filed for bankruptcy 22 years ago after a divorce. He says it took 10 years to rebuild his credit and since then he has always lived beneath his means.

Farruggio says it was a valuable lesson he will always take with him.