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Nelson2

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Nelson2

Re: None

Saturday, 09/03/2022 4:27:16 PM

Saturday, September 03, 2022 4:27:16 PM

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Would rather hold on then take what I have left

“Filing for Chapter 11 bankruptcy allows a company to restructure its debts. · In some cases, companies are able to emerge from bankruptcy stronger than ever.

The rate of successful Chapter 11 reorganizations is depressingly low, sometimes estimated at 10% or less. The complex rules and requirements in Chapter 11 increase the costs to file the case and prosecute a plan to confirmation far beyond than other forms of bankruptcy.

GLTA
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