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Post# of 729533
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boarddork

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boarddork

Re: Civil War General post# 590687

Friday, 10/04/2019 4:39:27 PM

Friday, October 04, 2019 4:39:27 PM

Post# of 729533
25% is only regarding the 'certain' assets given to the WMILT in POR 7. 75/25 is solely a WMILT assets in liquidation. WMILT tentacles are only squeezing a portion of the legacy WMI estate.

The lions share lives on and awaits those who released, after the (2) bankruptcies are finally terminated.

Chapter 11 is not liquidation of the entire estate. Only a liquidation of a bare minimum necessary to re-organize, so the debtor can move on, live long, and last strong.

Chapter 11 is to liquidate just enough of the estate assets to cover the bills being reorganized.

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