3 ms·
Presumably RadPad owes this user their rent money since they didn't pay it. If the company goes into bankruptcy, what's the "seniority" of this type of debt? I
by tschwimmer 10y ago
Presumably RadPad owes this user their rent money since they didn't pay it. If the company goes into bankruptcy, what's the "seniority" of this type of debt?
It seems like if enough people are affected by this it might be a very nasty class action lawsuit for RadPad.
- toomuchtodo 10y agoAnyone who is using RadPad would become a creditor, but if there's no money and no assets left, they're SOL. EDIT: This is not to say RadPad is having financial issues, just a "what if" scenario.
- pauljaworski 10y agoThat's my fear and why I will never again pay my rent through them. If they go under, I'm out $1350.