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56Chevy

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56Chevy

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Re: romang post# 49

Monday, 01/23/2012 5:58:53 PM

Monday, January 23, 2012 5:58:53 PM

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You're referring to Doc #3 filed the same day Thornburg Mortgage filed for BK protection May 1, 2009.

You're question is concerning absolute priority but to determine that we have to work through some things first.

Homework assignment romang: When did those parties seize collateral from TMA - was it before TMA filed BK ...or shortly after?

If after then their claims would be listed on the unsecured creditor list. No?



Learn something new every time you invest...and take it with you to the next opportunity.

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