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#Bankruptcy
sᴛᴀʀᴛᴜᴘ ᴅᴀᴇᴍᴏɴ 🇺🇸
startupdaemon
Most people don't realize yet what's happening out there. Here's a list of US retail chains that have announced store closures – 8,400 so far this year.AC Moore: 145 storesArt
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Matthew Bruckner
Prof_Bruckner
A lot of people have asked if an entity needs to be insolvent prior to filing for bankruptcy. Short answer is no. https://twitter.com/Prof_Bruckner/status/1350497433214742531?s=20But bankruptcy is a set of tools for
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Cody Reedman
CodyReedman
Often unsecured creditors are given the erroneous advice that if a debtor files for bankruptcy, that they cannot do anything further. There are options available for creditors to conduct further
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Tim Mak
timkmak
There remain some serious legal questions about whether the NRA can just up and leave New York. THREAD here:https://twitter.com/timkmak/status/1122285029227401217 Any nonprofit doing business in New York still falls under the
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Lunchbox 🧰
Lunchboxtech
We gotta ask...what is #Chapter11 bankruptcy anyway? Why are so many restaurants filing for it?https://www.bloomberg.com/news/articles/2020-12-14/vegan-restaurant-chain-by-chloe-files-for-chapter-11-bankruptcy-kioljxt3 "Ch.11 generally
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Katy Stech Ferek
KatyStech
Yesterday, I wrote about how federal law allows private employers to discriminate against workers who've filed for bankruptcy. I wanted to share a remarkable legal detail I learned while reporting
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Zak Slayback
zslayback
The fact that student debt cannot be discharged in bankruptcy is a blatant handout to universities and creditors.The reality is: if people could discharge student debt in bankruptcy, a lot
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qonita 🌠
qoncyclic
1/ There's no such thing as a coincidence. Yesterday, someone complained to me about how confusing the mobile app and customer service of a company. I happened to have a
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Tim Hogan
TimInHonolulu
1. I started law school when I was 35 in 1987 after being an actor who was a lousy waiter and became Hotel manager. The 1987 crash convinced me of
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Matthew Bruckner
Prof_Bruckner
So, I have been looking at the NRA's 990s to try to figure out whether they are having sufficient financial trouble to justify a bankruptcy filing (or whether they'll lose
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Patricia
PatriciaNPino
An MMT critique from the man who bailed out the banks. Others have already shares strong words about this. Some comments from me:https://www.spectator.co.uk/article/the-ideological-bankruptcy-of-modern-monetary-theory?fbclid=IwAR2G23XaaIcKt
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Shannon Watts
shannonrwatts
The @NRA just filed for bankruptcy and owes everyone from the IRS to itself (!?) money. Thread. The @NRA had to seek an order of the Court to keep its lights on.
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JohannesBorgen
jeuasommenulle
The EBA has just published one of its most interesting report ever: a benchmarking of EU bankruptcy procedures and the impact on recovery rates on defaulted loan.I could tweet the
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Charlotte Clymer 🏳️🌈
cmclymer
The National Rifle Association is filing for bankruptcy. I guess that means they're no longer loaded. I guess the NRA didn't hit their target goals for finances. I can't wait
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Gray Connolly
GrayConnolly
As a trad-ish conservative who went to a Jesuit school, I am, nonetheless, unpersuaded by this particular plea for Brooks Brothers. Their clothier market was traditional fit & makes: "tweed
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Jack Straw *END THE FILIBUSTER*
qwosl
Here's the bigger picture many people don't get on student loan debt when they say, "why should we let student debtors get out of obligations they took on?" Our society
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