6 ms·
Is that how filing for bankruptcy works?
by shnock 4mo ago
Is that how filing for bankruptcy works?
- gangstead 4mo agoThat's how chapter 11 type bankruptcy works. The business continues to run but the debtors are now the owners. There's also chapter 7 where the business shuts down and stripped for parts to pay the debts.
- stevefan1999 4mo agoYeah, Trump went bankrupt 3 times, and he's still here
- kstrauser 4mo agocough 6 times cough [0] https://www.washingtonpost.com/politics/2016/live-updates/general-election/real-time-fact-checking-and-analysis-of-the-first-presidential-debate/fact-check-has-trump-declared-bankruptcy-four-or-six-times/ https://www.washingtonpost.com/politics/2016/live-updates/ge...