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> For instance, Hertz is going through Chapter 11, but you'd never know as a customer. For most cases yes. I don't know the exposure risk of Hertz in this rega
by csharptwdec19 6y ago
> For instance, Hertz is going through Chapter 11, but you'd never know as a customer.
For most cases yes. I don't know the exposure risk of Hertz in this regard, but in a Chapter 11 it's worth remembering that any people who are legally owed money (i.e. unpaid lawsuits) are counted as 'creditors', I think based on how the GM/Chrysler bankruptcies played out, 'unsecured' ones at that.