Captain Poppy
#13 you are correct. Major corporations use bankruptcy to reorganize all the time and restructure their debts. In the USA that's Chapter 11, 13 for people and 9 for governments. Other countries have it...
View ArticleMarti Llazo
@14 Many types of bankruptcies and many different venues. No idea of the types of protection available in your country.
View ArticleDon Alberto
"protection of very large amounts of valuable assets belonging to the insolvent party." Not where I come from. Your not too valuable furniture, a TV, plates, cutlery and kitchen appliances, a modest...
View ArticleMarti Llazo
@12 "To go bankrupt means that you have no valuable assets at all." Umm, not true. Bankruptcy often involves protection of very large amounts of valuable assets belonging to the insolvent party.
View ArticleDon Alberto
Poor Tobias, who does not know Mendoza except from the internet, writes: "In the real world, people should be allowed to go bankrupt and not have to pay full value." To go bankrupt means that you have...
View ArticleCaptain Poppy
Gee, what a surpirse. Tobi the fake Mendozan Argentine shows up the same time with yb, the fake American. Come on MP, get fucking real.
View ArticleDon Alberto
@ 2 "Moderator" who writes the following nonsense: "Not in Singer's case ! Had they paid him back what he invested he would get 10-15% face value plus intrest." Do show us the documentation for your...
View ArticleMarti Llazo
@7 " people should be allowed to go bankrupt" One must first understand the concept of bankruptcy, which the KepiTroll clearly does not. As indicated previously, there are in most civilised...
View ArticleLucifer
The IMF wanted to set up a "sovereign" bankruptcy court but most countries don't want to give up their sovereignty to the IMF to do "workouts" that they'd have to abide by. Argentina's default drove...
View ArticleCapiTrollism_is_back!!
@1 In the real world, people should be allowed to go bankrupt and not have to pay full value. You advocate a system completely on the side of the lender, no rights for the borrower. Fine, but then...
View ArticleLucifer
Their choice is to pay or end up like Venezuela. They're running on fumes right now. There's not much time for them to fix this and move on. Its estimated the Kirchners stole upwards of U$20 Billion,...
View Articlewilli1
“Holdouts speculated a lot politically with the change of government, that is why there was no accord with the Kirchnerism,” Boosio said referring to the failed negotiations between holdouts and the...
View ArticleModerator
Not in Singer's case ! Had they paid him back what he invested he would get 10-15% face value plus intrest. Not 100% plus intrest. That is the real world.
View ArticleHughJuanCoeurs
"Public opinion must know that no discount was obtained, they are being paid what they ask for". Well there's a shocker - having to pay back the money you borrowed and interest on the cash you...
View Article