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I-Glow

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Re: shanon1 post# 1331

Tuesday, 11/15/2016 9:53:50 PM

Tuesday, November 15, 2016 9:53:50 PM

Post# of 1843
The Unsecured debt can't be discharged until the POR is filed and voted on.

The Class 5 Equity Holders (common shares) are assumed to reject the Plan and they won't vote.

There are procedural steps in the US Bankruptcy Laws and debt is discharged until the POR is filed, voted on and the Court "approves" the Plan.

Oh, the person stating it was now Chapter 7 is wrong.

IG

"Are you gonna pull those pistols or whistle Dixie?"

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