Lehman Brothers Financial SA (LEHNQ)

[Joe Stocks]

>> “paid in satisfaction” it is satisfied In full. <<

Same thing. I was simply trying to show why it is not "PAID in full" and shown as per Lehman "in full and final satisfaction of your claims against LBHI" Paid in full would reduce the debt subject to compromise. Satisfied does not.

Paid in full means that you have completed all of your loan payments, including both the principal balance and any interest that has accrued.
Settling a debt (Satisfied in full) or loan in full means that you have negotiated with the lender to pay less than the total owed amount. An account that has been settled in full has been paid for less than the entire balance.

https://www.policygenius.com/loans/paid-in-full-vs-settled-in-full-which-is-best-for-my-loans/

I am sure you still do not understand the difference, but I tried. But in the fullness in time you will see that I am correct. The voluntary final distribution will go out in early October. When the balance sheet comes out probably in march next year you will see the debt was not reduced in the debt subject to compromise column by the total principle, but only by the distribution.

Mark this post. You wrote "WOW so LBHI owes $130bil?? if all eligible creditors choose to opt in for their final distribution, the amount owed will be approx $50bil!! "

Come next March or whenever the balance sheet comes out you will see that yet again you are wrong.

Remember back when you lied about calling LAMCO to see if they were still in business and you stated they were? You really showed a lack of character and never apologized to the board for being a liar. I don't know why I even respond to you. It is a shame that you are not learning from this bk, instead of always trying to please the peanut gallery at my expense. Get out of the basement and make something of yourself!