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toogoodfella

11/23/22 5:37 PM

#103590 RE: SwissCheeseAccount #103588

RE: In a debt for equity swap, the debt is discharged, that is a fact

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Discharged means NADA.. Cancelled.. NO MAS.
Not a conversion to a different form.

It is a CREDITORS LOSS if the Debt is cancelled. Better ask someone else.