The top comment on the whole thread explains that my above explanation is slightly off. For a better explanation see https://www.investopedia.com/texas-two-ste

The top comment on the whole thread explains that my above explanation is slightly off. For a better explanation see https://www.investopedia.com/texas-two-step-bankruptcy-definition-5225888 https://www.investopedia.com/texas-two-step-bankruptcy-defin...