[seanhunter]

That's not how a bankruptcy works. In a bankruptcy, the company is owned by the creditors and gets resolved by them. Usually a business will attempt to avoid bankruptcy by filing Chapter 11[1] or similar so they get to propose a plan for restructuring that will pay back the creditors over time, but their actions as debtor in posession are scrutinized by the US trustee to ensure they meet a fiduciary obligation to the debtors, and the debtors can file a court case to appeal both the chap 11 and can try to get the debtor kicked out and a trustee appointed if they aren't acting in their interests.

[1] https://www.uscourts.gov/services-forms/bankruptcy/bankruptc...

[sebastiennight]

Quick heads-up: I think you've written "debtor" instead of "creditor" a couple times in there.

[queuebert]

Yes, I know. It was a joke.

[arresin]

Nah uh. Mr Ksum would find a way.