Replies to post #75137 on Phoenix Associates Land Syndicate (fka PBLSQ)

[EDDIEHAZEL]

in full agreement,

furthermore, this is a shell that can not be cleaned without huge expense, making the shell cost more than it can be sold for.

Not to mention pbls' current tax issues, those that do not go away with bk protection, PLUS, if the bk judge determines there has been fraud in the past, pbls will always owe the money they owe. They might not be able to use bk protection.