Ram moving back across the border?
Interesting.... https://www.google.com/amp/mobile.reuters.com/article/amp/idUSKBN14S0WL Good news no matter what for jobs and the economy IMO. Can't seem to get the link to work.
Forum Discussion
fj12ryder wrote:
Sorry, but bankruptcy to me means you did something poorly and are facing the consequences. I don't like loopholes and bankruptcy in most cases is just that. It may be legal but that doesn't help the people who got shafted get what is legally coming to them.
We'll just have to agree to disagree on loopholes. :)
Well, I will say, I do agree with you on that point (in terms of shafting the folks who lose out on what they legally have coming to them). It chaps my butt as well to listen to commercials that tell people to call thus and such credit services because you have the RIGHT to not pay your full credit card bills. Or, the tax services that say 'call us, and we will settle your tax bill for pennies on the dollar'.
I don't pretend to understand all the bankruptcy laws, but I think there are different remedies based on the different bankruptcy chapters or whatever. I think in the case where businessmen (like Trump) own multiple businesses, they shield each business from the other, so the business either makes it or loses on it's own. I think that is smart business, although I do feel for the little guys who may not get what they are owed. It sucks, for sure, but the only way to make it suck less is change the **** laws.
Mike
