Quote:
Originally Posted by TCLGirls
The whole point is voluntarines on the part of creditors who are restructuring debt. You cited the fact that debt restructure is common. But in bankruptcy, creditors do not voluntarily offer restructure deals. Rather they are forced to negotiate a plan...or risk recouping even less. Because if the creditors would "be fine" with a debt restructure, then there would be no need for the debtor to file for bankruptcy in the first place. The debtor and creditor could restructure their deal outside of bankruptcy court.
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no, your point it to cast it in a negative light, again i get it. but specifically, no entity was forced to accept less in any trump bankruptcy i've read about, in fact, the restructured deals returned more. for instance, debt holders received stock in place of debt, increase in value = 2/3rd
there is plenty available online re: any of the trump run businesses restructured deals, you might want to familiarize yourself with any of that.