Originally Posted By polyspheric
BTW: IIRC assets paid out up to 6 months prior to bankruptcy petition are subject to re-distribution per settlement. If they were smart, they all gave themselves bonuses and paid people they would need again 184 days prior to filing. Also fun: selling assets for low value to get them off the books to a shell, then they mysteriously re-appear as new purchases when they start their new company...


Also why checks no longer have a time limit as to when they can be returned, and why you no longer get your original "paid" check back in your monthly statement.

Reality check, that half the population is smarter then 50% of the people and it's a constantly contested fact.