Chapter 11 is when you want protection from your creditors as wish to
reorganize and stay in business. Chapter 7 is when you say "that's all
folks".
----- Original Message -----
From: "Michael Maskalans" <dml@tepidcola.com>
To: <dakota-truck@dakota-truck.net>
Sent: Saturday, March 12, 2005 12:28 AM
Subject: Re: DML: RE: Quickor Bankrupt
>
> Gabriel A. Couriel wrote:
>> chapter 7 protection... i'm studying that now in bankruptcy law... it
>> means
>> that quickor is going "bye bye!"
>
>
> I thought Chapter 7 was when you said "oh shit, we're broke! Give us some
> time, pretty please" and Chapter 11 was when you said "Nyah nyah, we're
> using our last $500 in credit to fly to the Caymens. Get Stuffed!"
>
> I must be flip-flopping the two...
> --
> MikeM
>
>
>
>
> --
> Internal Virus Database is out-of-date.
> Checked by AVG Anti-Virus.
> Version: 7.0.300 / Virus Database: 266.1.0 - Release Date: 2/18/2005
>
>
-- Internal Virus Database is out-of-date. Checked by AVG Anti-Virus. Version: 7.0.300 / Virus Database: 266.1.0 - Release Date: 2/18/2005
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