Developer Hyneman $62.9M in debt -- Threatens bankruptcy as creditors try to collect

``Rusty Hyneman, the flamboyant real estate developer known for his personal jets, show horses and financial entanglements with Memphis politicians, is threatening to file bankruptcy... Hyneman once claimed a $24 million net worth, owned a $1.1 million Lear jet and tossed away $30,000 gambling in a single night. But his proposed bankruptcy petition lists $62.9 million in liabilities and $3.7 million in assets. ''