[Projectiboga]

Not it they simply went Chapter 11 and reorganized.

[shnock]

Is that how filing for bankruptcy works?

[gangstead]

That's how chapter 11 type bankruptcy works. The business continues to run but the debtors are now the owners. There's also chapter 7 where the business shuts down and stripped for parts to pay the debts.

[stevefan1999]

Yeah, Trump went bankrupt 3 times, and he's still here

[kstrauser]

cough 6 times cough

[0] https://www.washingtonpost.com/politics/2016/live-updates/ge...