#-----Original Message-----
#From: owner-dakota-truck@bent.twistedbits.net [mailto:owner-dakota-
#truck@bent.twistedbits.net] On Behalf Of Tom Byrne
#Sent: Saturday, March 12, 2005 9:49 PM
#To: dakota-truck@dakota-truck.net
#Subject: Re: DML: RE: Quickor Bankrupt
#
#
#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
#>
#>
#>
#>
#> --
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Good timing on Quickor's part. Chapter 7s are going to be very rare and
harder to get according to the so-called "Bankruptcy Abuse Prevention
and Consumer Protection Act of 2005". The bill is expected to be on the
President's desk shortly. Coming next year from our compassionately
conservative Congress: The MBNA Debtors' Prison!
I bought a few items from Quickor a while back. Reasonably good stuff.
I wonder what happened?
This archive was generated by hypermail 2b29 : Fri Apr 01 2005 - 00:13:21 EST