Replies to post #344017 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[shajandr]

The creditor claims that were filed REMAIN. They were not discharged, and are not discharged even though the Chpater 7 BK case is now closed.

Those claims remain.

That includes the SEC claims.

Even thought the company is gone.

Even though the company is gone. It is like a deceased person whose estate has been closed by probate. If later on any unknown assets appear, they would be first used to pay any remaining debts of the estate (including tax claims or legal liability claims) before they could be distributed to any heirs.

Even though the person is long dead and probate was closed.

Hello!!!!