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Post# of 153849
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TenKay

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TenKay

Re: BeardedProtagonist post# 42154

Thursday, 09/20/2018 9:48:24 AM

Thursday, September 20, 2018 9:48:24 AM

Post# of 153849
Let me tell you a little secret about a bankruptcy liquidation.

If the assets had enough value in a distressed sale (which a liquidation is) so that ALL creditors (secured and unsecured) could be paid off AND any Preferred Equity paid off such that ANYTHING was left for the common equity...

...there would not be a bankruptcy liquidation happening.

I am afraid there is alot of false hope here.

See my sig below VVV

"Harsh reality is always better than false hope"

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