RushNet Inc (RSHN)

[Penny Grabber]

Since the meeting with creditors has concluded, a disclosure statement and reorganization plan must be submitted before another hearing to review it. Adjustments are made based on objections and negotiations of the plan, then finalized and approved.

You have to make ALL the payments to your unsecured creditors that are included in the reorganization. Once they are paid, you can request a discharge of the remaining debts not included and a discharge of the case.

Most Chapter 11 cases take 6 months to 2 years.

Horrible 😜