Thread: bankruptsy
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Old 08-02-2001, 01:10 AM
Bob_McNaughton Bob_McNaughton is offline
LawnSite Member
Join Date: Jul 2001
Location: Michigan
Posts: 94
Forget it... If you don't have a secured interest in anything, you won't get a penny...

Good friend of mine declared bankruptcy last year, to the tune of 122,000$ of debt.

He kept almost everything too!! Also, he just had a new roof put on his house, and owed the contractor 6 or 7k for the job. He put that on the bankruptcy, and the contract lost out. How can you have a secured interest in a roof? Let alone a lawn. =p
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