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tchalla

11/18/11 1:15 PM

#14708 RE: lowman #14701

assets here are far less than liabilities. no value for commons. their only hope was a buyer to help absorb their debt.
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retireat40

11/18/11 1:16 PM

#14712 RE: lowman #14701

Chapter 7 is complete liquidation...no reorg, no sale.