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Replies to post #86279 on World Surveillance Group Inc (fka WSGI)

Replies to #86279 on World Surveillance Group Inc (fka WSGI)
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WilliamFL

09/05/07 9:48 AM

#86302 RE: vkoenig #86279

It's my understanding you must have three Undisputed Claims to even file an involuntary bankruptcy.

Who are the three with Undisputed Claims?
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nerd86

09/05/07 9:50 AM

#86304 RE: vkoenig #86279

Vern do you believe you can go into chapter 11 without current financials? Don't be silly. Very few venders want Chapter 7, only those that are vendictive. Those that want something aprroximating what they are about to lose want Chapter 11.