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Old 07-28-2025, 07:46 AM
Bill14564 Bill14564 is offline
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Quote:
Originally Posted by vintageogauge View Post
In my opinion any corporation that files bankruptcy should be made to use their personal finances to pay off as much debt as possible before stiffing their creditors, there should be no such thing as Corporate Veil, it's simply a legal way to steal from creditors most of which, in most cases, are small privately owned companies or individuals. The bankruptcy laws should be gone over and re-written to protect creditors not just debtors.
Since some/much/all the money received paid employees , does this mean you believe every employee should have to help pay off the debt?
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