← Back to context Comment by elzbardico 19 hours ago If Apple went bankrupt, Everyone would be without a job. 6 comments elzbardico Reply Projectiboga 19 hours ago Not it they simply went Chapter 11 and reorganized. shnock 19 hours ago Is that how filing for bankruptcy works? gangstead 18 hours ago That's how chapter 11 type bankruptcy works. The business continues to run but the debtors are now the owners. There's also chapter 7 where the business shuts down and stripped for parts to pay the debts. stevefan1999 17 hours ago Yeah, Trump went bankrupt 3 times, and he's still here 1 reply → LtWorf 14 hours ago Companies in USA go bankrupt all the time and keep operating.It's just a legal way to not pay your debts as I understand.Anyway it happened to me. Basically any stock they gave us was worthless but they kept going and paid salaries.
Projectiboga 19 hours ago Not it they simply went Chapter 11 and reorganized. shnock 19 hours ago Is that how filing for bankruptcy works? gangstead 18 hours ago That's how chapter 11 type bankruptcy works. The business continues to run but the debtors are now the owners. There's also chapter 7 where the business shuts down and stripped for parts to pay the debts. stevefan1999 17 hours ago Yeah, Trump went bankrupt 3 times, and he's still here 1 reply →
shnock 19 hours ago Is that how filing for bankruptcy works? gangstead 18 hours ago That's how chapter 11 type bankruptcy works. The business continues to run but the debtors are now the owners. There's also chapter 7 where the business shuts down and stripped for parts to pay the debts. stevefan1999 17 hours ago Yeah, Trump went bankrupt 3 times, and he's still here 1 reply →
gangstead 18 hours ago That's how chapter 11 type bankruptcy works. The business continues to run but the debtors are now the owners. There's also chapter 7 where the business shuts down and stripped for parts to pay the debts.
LtWorf 14 hours ago Companies in USA go bankrupt all the time and keep operating.It's just a legal way to not pay your debts as I understand.Anyway it happened to me. Basically any stock they gave us was worthless but they kept going and paid salaries.
Not it they simply went Chapter 11 and reorganized.
Is that how filing for bankruptcy works?
That's how chapter 11 type bankruptcy works. The business continues to run but the debtors are now the owners. There's also chapter 7 where the business shuts down and stripped for parts to pay the debts.
Yeah, Trump went bankrupt 3 times, and he's still here
1 reply →
Companies in USA go bankrupt all the time and keep operating.
It's just a legal way to not pay your debts as I understand.
Anyway it happened to me. Basically any stock they gave us was worthless but they kept going and paid salaries.