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Usually courts in bankruptcy/liquidation release enough funds to maintain value. Many of these businesses were closed due to covid anyway and in barebones main
by Scoundreller 4y ago
Usually courts in bankruptcy/liquidation release enough funds to maintain value.
Many of these businesses were closed due to covid anyway and in barebones maintenance mode, as court would do if they felt there was some value left to sell.
Sometimes bankruptcies are nearly invisible to customers and all in the background while creditors/investors lose their shirts.