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Post# of 21990
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Brucebannerr

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Brucebannerr

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Friday, 06/29/2018 1:39:46 PM

Friday, June 29, 2018 1:39:46 PM

Post# of 21990
This is how the sec views chapter 7 corporations . From their web site .

Under Chapter 7, the company stops all operations and goes completely out of business. A trustee is appointed to "liquidate" (sell) the company's assets and the money is used to pay off the debt, which may include debts to creditors and investors.
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