3 ms·
> [GM has] since repaid those loans...though GM discharged much of its loan through bankruptcy. What did you mean to say here? That GM eliminated (not repaid)
by leereeves 8y ago
> [GM has] since repaid those loans...though GM discharged much of its loan through bankruptcy.
What did you mean to say here?
That GM eliminated (not repaid) the loan through bankruptcy?
Or that GM discharged the loan then repaid it anyway?
- nine_k 8y agoBankruptcy means, among other things, selling any remaining valuables to pay lenders, full or in part. So in theory a loan can be completely paid off through a bankruptcy. In the case of GM, it did not happen, IIRC.