InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
6,001.35
(
0.10%
)
US TECH 100
20,547.20
(
-0.09%
)
Dow Jones
44,293.13
(
0.69%
)
Brent Oil
71.57
(
-0.36%
)
Bitcoin
88,491.55
(
-0.30%
)
Post# of 588
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Enterprising Investor

Send PM Follow Ignore
Followers 241
Posts 12199
Boards Moderated 3
Alias Born 04/05/2009

Enterprising Investor

Member Level

Re: romang post# 436

Monday, 05/13/2013 11:21:40 PM

Monday, May 13, 2013 11:21:40 PM

Post# of 588
A Chapter 7 conversion would certainly allow the Debtor more time.

However, how would unsecured creditors benefit?

Normally, Section 363 sales produce sales proceeds in excess of original expectations (for example, ResCap).

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up