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Merritt Rahn files for bankruptcy

Rochester Business Journal
July 22, 2013

Disgraced former Greece Police Chief Merritt Rahn has filed for bankruptcy.

Rahn was convicted of evidence tampering in 2010 for attempting to cover up a Greece police officer’s role in a hit-and-run car crash and hiding the misdeeds of another officer who was convicted of using his badge to coerce a woman into having sex.

Released on parole in December 2012, Rahn served 28 months of a two-and-a-half year to five-year state prison term.

Listing his and his wife, Marilyn’s occupations as retired, Rahn filed a Chapter 7 petition in the Rochester U.S. Bankruptcy Court last Friday stating debts of $463,597 and assets of $164,780.

The couple declares income of $6,100 a month consisting of Merritt Rahn’s approximately $2,300 monthly Social Security payment and his $3,987 pension check. The filing details approximately $5,600 in monthly expenses, leaving the Rahns with a roughly $500 a month surplus.

Among debts Rahn lists in the filing are a roughly $29,000 federal tax debt and an approximately $1,700 state tax bill. He also lists a $19,000 second mortgage added to first-position $112,000 loan on his $159,000 Spencerport home. The house needs a new roof, new back door, driveway and heating and air conditioning work, the filing states. 

If the petition succeeds, Rahn’s roughly $300,000 in remaining debt, which largely consists of credit card borrowings, would be discharged.
 
(c) 2013 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or e-mail service@rbj.net.
 


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