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  • ExplorerZ
    started a topic Negotiating a settlement for stock buy-back

    Negotiating a settlement for stock buy-back

    The trustee in my case offered to settle for $10K "in light of the potential value" of a third of a company's stock. The c-corp I run and co-founded was rightly listed in the petition as "debts exceed assets" and wouldn't exist if I walked away and the other shareholders wouldn't...
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    Last edited by ExplorerZ; 04-04-2013, 05:02 PM.

  • ewing8888
    started a topic Restricted and Private Stock, Chapter 7

    Restricted and Private Stock, Chapter 7

    I am going to be filing chapter 7 in the next 30 days and was wondering what happens to stock I own in a private start up I invested in a few years ago. I also hav restricted shares of in a company but I can not sell them for six months. I have looked to sell both shares of stock but there have been...
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