Quote:
Originally Posted by TCLGirls
By the way, when banks/creditors voluntarily offer debtors loan/debt restructure deals , that has nothing to do with bankruptcy. In bankruptcy, once the trustee approves the filing, the creditors are forced into restructure/liquidation even if they do not want to.
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international bankruptcy involving 100s of millions of leveraged dollars to international banks aren't decided on by a court trustee like down at the local bankruptcy court.