09-23-2014, 07:58 PM
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#429 (permalink)
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Premium Member Bitches
Join Date: Jan 2012
Location: SoCal
Posts: 14,824
Drives: a lot
Rep Power: 17151
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Quote:
Originally Posted by 1slow370
bankruptcy has turned into something some businesses will do to shuffle some paperwork around and bring the profit margin back up, usually the ones who get hurt the most under a chapter 11 are suppliers and companies who have leased equipment because they can no longer take that equipment back until an agreement is reached and in which case they may end up not taking it back and cutting there losses for semi repayment, but again I can't tell you for sure I don't make a living dealing with it, like the people you should pay to talk to about it if it concerns you. Always seek legal and financial advise before making any serious decisions that are not cut and dry.
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