Donald Hill Jr Williams

Listing enough creditors to fill 992 pages, failed home builder Donald Hill Williams Jr. on Friday filed for liquidation of his personal assets. In a filing under Chapter 7 of the U.S. Bankruptcy Code, Williams listed $210 million in debt against only $1.07 million in assets. The roll of more than 6,000 creditors includes several thousand people who invested nearly $90 million in his Anaheim Hills company, Hill Williams Development Corp.

Without admitting or denying guilt, Donald Hill Williams Jr. Friday signed a consent decree that puts to rest a civil lawsuit brought by the California Department of Corporations accusing him of operating a multimillion-dollar scam. In contrast to the seriousness of the state's charges--originally lodged against Williams last March--the settlement appears modest.

Without admitting or denying guilt, Donald Hill Williams Jr. Friday signed a consent decree that puts to rest a civil lawsuit brought by the California Department of Corporations accusing him of operating a multimillion-dollar scam. In contrast to the seriousness of the state's charges--originally lodged against Williams last March--the settlement appears modest.

Listing enough creditors to fill 992 pages, failed home builder Donald Hill Williams Jr. on Friday filed for liquidation of his personal assets. In a filing under Chapter 7 of the U.S. Bankruptcy Code, Williams listed $210 million in debt against only $1.07 million in assets. The roll of more than 6,000 creditors includes several thousand people who invested nearly $90 million in his Anaheim Hills company, Hill Williams Development Corp.