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Re: scan007 post# 4204

Tuesday, 04/13/2010 10:36:48 AM

Tuesday, April 13, 2010 10:36:48 AM

Post# of 6451
I could be wrong however the confirmed BK plan/protection has very specific milestones and debt reductions payments to YA at high intrest rates and other caveats. If CLSC misses a payment or does things contry to the plan the assets can be taken.
This could last for quiet some time.. They are protected as long as they perform. Truly out of BK would require all claims still upheld had been paid as agreed. It's a tall order.
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