0
Each BK runs its own course...but generally, Stockholders (which are equity) in a bankrupt company (meaning it is insolvent and has more debt than equity)...have any interest in their stock surrendered in the BK. The creditors/lenders...in at least partial trade for not getting paid what they are owed...normally take ownership of the stock. Stockholders are NOT creditors...they are not owed anything by the company...they actually ARE the company! The company that doesn't pay those it borrowed from... If it wasn't a corporation, with stock (a stockholders liability is limited to the amount of his investment...no more), but say a partnership...then each of the partners would be liable for the debts of the Co on top of the amount they invested.
What else can I help you with?
When after filling chapter 13 you start making secure payment?
The moment you propose your payment plan.
What is the difference between a Chapter 7 and a Chapter 11 business bankruptcy filling?
In Chapter 7 bankruptcy, assets of a business are sold to help pay back their debts. In Chapter 11, businesses can keep their assets and try to negotiate new terms with their creditors.
When filling out a job application do you have to list your gender?
When filling out a job application you might have to list your gender. This might just be for the company's database.
How many companies use manual filing systems?
One person companies can use manual filling system. When a company grows too large to use simple / manual filling is up to the person who runs the company
what is the cost of filling a chapter 7 in virginia...?
on average it's $250, but it varies from firm to firm. The right amount of hunting can get you alot cheaper.
What does the term enco stand for?
enco simply stands for Earl Nunneley Company it is an oil company that is now partnered with exxon mobile the company was started in Texas and distributed to mainly filling station
Can I get a quote from a moving company online?
There are many moving companies online that will provide quotes for your upcoming move. After filling out appropriate questions, you will be able to determine if this is the right company for you.
What is a iron filling?
Iron filling is a filling which can be made by iron filling
How does filling positions internally might impact the organization?
When a company has a reputation for filling positions from within, it's a way to boost employee morale. This is especially true if a company's internal promotion policies are part of such a system. By doing that its establishes internal mobility and then can more easily fill lower level jobs from outside sources.
How does a company sign up for ATandT Web Conference?
There are many ways for a company to sign up for AT&T Web Conference. A company can sign up for AT&T Web Conference by filling out the AT&T web meeting form and logging in.
If diesel fuel instead of gasoline was used accidentally would filling station insurance company be responsible?
If they filled the vehicle, sure.
Can you put a lien on someones rental condo for unpaid dues if they are in Chapter 7?
This is a task for your association's counsel. Filling an improper lien, improperly, may give the debtor an easy out of the monies owed.
