Were those Bankruptcies Chapter 11 Reorganization or Chapter 13 Liquidation?
Reorganization means the Business continues running while the Debts are renegotiated through the Bankruptcy Court.
Liquidation means the Business is closed, the Employees are fired and the Assets are sold off to pay Creditors.
Just saw the Jeb Bush Ad mentioning them. They didn’t clarify the details. Trump has / had 100 Companies under the Umbrella of the Trump Organization, so I would think that means he has a 96% Success Rate.
Just looking for clarity since I am not a carrier of either the CDS or TDS Viruses. I may be infected with BDS and RDS Strains, but they only flare up if Bush or Rubio get over 10% of the Vote.
I understand they were chapter 11 and Ive heard pro and con.
I do remember one years ago where they talked about Trump having the banks over a barrel .If they stopped lending him money they were going to lose their shirts probably because he threatened Chapter 13.
a quick Google search :
the more you learn ....the more questions there are