Thread: bankruptsy
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Old 01-16-2001, 11:11 AM
Scraper Scraper is offline
LawnSite Bronze Member
Join Date: Feb 2000
Location: SE Pennsylvania
Posts: 1,656
You will have to wait for a court to decide. When they (the business) declare bankruptcy all their funds and assets are frozen. Then all the debtors petition the court for their money due. If not enough to cover all debts, amounts due are discounted.
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