4 ms·
There's a reason consumer debt is worth pennies on the dollar. The average legal obligation to pay Griddy's receiver $5000 will probably end up collecting somew
by ThrustVectoring 6y ago
There's a reason consumer debt is worth pennies on the dollar. The average legal obligation to pay Griddy's receiver $5000 will probably end up collecting somewhere between $500 and $50 after collection costs.
Anyhow the point is that Griddy's creditors are also taking a haircut.