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How much money was involved in your case? Must've had some assets for them sue you, no?
by onetimemanytime 7y ago
How much money was involved in your case? Must've had some assets for them sue you, no?
- ta1234567890 7y agoThe particular creditor had put in $250k through a convertible note. There were almost no assets, small saas startup. But the creditor was trying to use his leverage to take over the company. He got pissed when we filed for Chapter 7 instead, then bought all claims and assets from the Trustee and sued us founders personally. Long story.