> Those were some expensive words. I find it weird that you condemn that decision based on perfect hindsight. > Selling your claim is only a good deal if the

> Those were some expensive words. I find it weird that you condemn that decision based on perfect hindsight. > Selling your claim is only a good deal if the hedge funds are drunkenly stupid, you have no other assets/lending sources and are going to die soon or have debt at payday loan rates. Selling your claim reduces your exposure and eliminates the risk that you'd get even less after the bankruptcy process concludes. It also lets you book the loss now and move on. That's valuable to some people. Consider that people have different motivations and needs than you do.