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A business question...
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29/05/2001 10:20:41
 
 
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Forum:
Visual FoxPro
Category:
Other
Title:
A business question...
Miscellaneous
Thread ID:
00512204
Message ID:
00512204
Views:
36
Sorry in advance if I'm not posting this in the right spot, though I believe I've seen general business questions in the 'Chatter' section before.

One of our clients (obviously, I can't give a name) has just recently filed for Chapter 11 'reorganization.' They owe us a good amount of money, and they probably have debts to other companies as well.

Once a creditor learns that a debtor is filing Chapter 11, should a creditor have their attorneys contact the debtor's attorneys ASAP, or should the creditor wait and be contacted?

I did some reading on what's involved in an 11...sounds like a very tangled web.

Thanks in advance,
Kevin
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