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VelvetJones

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VelvetJones

Re: Maniana post# 51604

Thursday, 03/18/2021 1:34:08 PM

Thursday, March 18, 2021 1:34:08 PM

Post# of 52209
There is no debt discharge in corporate chapter 7. The trustee tries to sell every single asset left and pay off as much debt as possible. Once all of assets are gone the trustee files a final report and the case simply ends. The debt still exists, the company doesn't.
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