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Skier1231

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Skier1231

Re: None

Wednesday, 04/01/2020 4:45:08 PM

Wednesday, April 01, 2020 4:45:08 PM

Post# of 13874
Discover is a secured creditor. They are paid first. All other creditors are unsecured. They are represented by the Committee for Unsecured creditors. They are paid after Discover.

That is why only Discover wanted to convert. The unsecured creditors did not want to convert because they will receive a lot less than they are owed now
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