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boarddork

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boarddork

Re: BBANBOB post# 568573

Saturday, 04/06/2019 2:56:58 PM

Saturday, April 06, 2019 2:56:58 PM

Post# of 728969
If it is a declared asset or liability of a WMI Chapter 11 bankruptcy, then that is all that is at stake for 75/25%. Just those bits. Those are the table scraps you, Alice, and others keep fighting over. Only those SPECIFICALLY listed assets and the liabilities claimed against it.

Where's the beef then? All other assets not declared in BK or not needed to comply for Chapter 11 - the ABS participation income, goes back to the original WMI participants. They are outside the Chapter 11.



P's get their portion from the ABS trusts underwriting it.

Q's get their portion from the ABS trusts underwriting it.






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