In 1997, Sara and Jim Biden formed consulting firm Lion Hall Group with the help of Joe Biden’s old law partner, David Walsh, who acted as their registered agent, according to incorporation records they filed with the Delaware Department of State.

That same year, they bought an expensive home in the Philadelphia suburbs and struggled to make payments on the $650,000 mortgage, records show, even though a longtime Democratic fundraiser for then-Sen. Biden, Joel Boyarsky, loaned them as much as $200,000. In 1998, the IRS filed its first lien against their home to collect $145,000 in unpaid taxes.

In 2000, they borrowed $353,000 from another Biden donor – Leonard Barrack, a Philadelphia attorney who a few years earlier had agreed to hire Sara Biden at Jim’s urging for $300,000 per year, according to court and other records. Barrack would soon regret helping them out.

According to a lawsuit he filed against Sara Biden four years later, Barrack said Jim had convinced him that by hiring Sara as a partner, the Bidens would be able to attract clients to his law firm through their political connections.

“Jim Biden assured Barrack that he would be able to generate business for the Barrack Law Firm through his family name and his resemblance to his brother, United States Senator Joseph Biden of Delaware,” according to the 2004 complaint filed in Philadelphia County, Pa.

Instead, the document said, Sara Biden developed business opportunities for Lion Hall Group, where she served as president, a potential conflict of interest she allegedly never disclosed to Barrack.

The law firm, also known as Barrack, Rodos & Bacine, further alleged that she used its resources, including a travel budget, for personal benefit. The lawsuit said Sara Biden spent almost $250,000 to travel with her husband to Hawaii and Alaska and across Europe, including England, Ireland, France, and Italy. They even brought their son, Nicholas (now 26), and a nanny on some of the “lavish” trips.

“Contrary to Sara Biden’s representations, none of the foregoing trips generated any business for the Barrack Law Firm,” the suit stated. “The Bidens never intended to generate business opportunities for the Barrack Law Firm during their travels, using the trips instead for personal pleasure and to develop opportunities for Lion Hall.”

The couple also allegedly received a total of $500,000 in loans before Sara left the firm in 2003. These salary advances were never repaid, according to the legal complaint. The case, which charged Sara and Lion Hall Group with “fraud,” “unjust enrichment,” and “breach of contract,” was eventually settled. The terms are undisclosed.