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webmeister · 11-21-2005, 12:14 PM

"Settling remaining outstanding obligations at a discount with payments to be made over time"

What does this mean? 10 cents on the dollar? This is illegal unless they declare bankruptcy, isn't it?

11-21-2005, 12:14 PM
webmeister Registered User Join Date: Oct 2005 Posts: 69	"Settling remaining outstanding obligations at a discount with payments to be made over time" What does this mean? 10 cents on the dollar? This is illegal unless they declare bankruptcy, isn't it?