Talk of The Villages Florida - View Single Post - Significant financial distress
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Old 07-28-2025, 08:44 AM
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Quote:
Originally Posted by vintageogauge View Post
No what I mean is that the owners of the corporation should use their personal assets to payoff debts of their corporation.
Equally ridiculous. I own stock in General Motors. As a part owner, if GM goes bankrupt, I should be forced to use my retirement funds to pay off their debts??? That idea would go over like a lead balloon.