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Re: AZCowboy post# 20239

Wednesday, 06/12/2013 5:44:46 PM

Wednesday, June 12, 2013 5:44:46 PM

Post# of 59721
Yep, it's my money and I am not selling. I own xxx,xxx shares.

You are correct.

The point I was trying to make was the same due diligence that a BK trustee applies to a notice of dividend should be applied to all BK trustee driven correspondence with creditors.

I read some court rules a while back related to a post on this board about the notice of potential dividend that was issued by the BK court (probably early May timeframe) and the rules said the BK trustee needs to do their DD prior to issuing such notice.


Why waste money sending a notice of a revised claims bar date if there is no money to pay the 96 creditors. But like a few other posters said this is is the law and it's applied regardless.

Yet another great example of our inefficient govt wasting money and helping the BK Postal Service out.

AIMHO BWTFDIK...

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