Yes, liens are enforceable as long as their are assets,... otherwise they'll be discharged through bankruptcy. If they qualified for bankruptcy protection they likely already have way more debt than assets. Now the inevitable will happen; the bankruptcy trustee sells the assets to the highest taker. Nobody knows what the assets will bring but look for distressed value. Also, no one knows where in line the company is. Ryan's filling bankruptcy is not a good thing for this Creditor or its Shareholders.
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