Ha! luckily for us that is the max time allowed for a Bk. I will take direction in FIscal Year End 11/2019. Even if reporting ended filing of the reporting and taxes will linger into 2020. The BK have to end regardless by like oct. 2020. So my answer to end game question is we will know direction by FYE 11/2019 and discharge and exit in 2020. Final answer for sure
All 3 of the trifecta is long. Luckily for me, I sold my warmup preferreds KQs before their Bk emergence. Wamu last I heard is wrapping up too. Lehman should wrap up soon and find too. I exited my fnf recently, so I am down to LBHI. It’s been long for these plays but worth the wait. Waiting is the hardest part. Lol