Neomania,
Quite the contrary. Bankruptcy concludes the story and ends any further losses for everyone.
I am not at all a proponent of BK and given a choice, would prefer a r/s. Luckily, I do not envision BK; unfortunately, I do envision another r/s along with the bottom dropping out once again.
Do you hear it? That sucking sound? As loud as it is, it is getting louder...
JMO...
Best,
BC
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