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#1 | |
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use absolutely any time you like! There is a rumor that there will be THREE Divisionals at LVMS AND some other surprises (Stay Tuned!). Be Well Jim.
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John Irving 741 Stock 741 Super Stock |
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#2 | |
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Unless somehow a company, individual, or organization would have liabilities or obligations exceeding assets or capital to cover then nothing should force (no pun intended) them to choose bankruptcy as an option. |
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#3 | |
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Julie Jordan 7549 STK |
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#4 |
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#5 |
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Ya know, I've always said, "I'm crazy, not stupid".
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Billy Nees 1188 STK, SS I'm not spending 100K to win 2K |
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#6 |
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If the NHRA were to file for bankruptcy would you guys think that was a good or bad thing.
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#7 |
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Bankruptcy may seem like a sign of trouble, but it is only to some extent in most cases. Bankruptcy is very often a " financial maneuver" in order to regroup and move forward again. Most people even come back stronger than before with a legal regrouping of their finances. Bankruptcy judges and lawyers can make it very comfortable for their clients in most cases. In fact nowadays it carries no shame like it once did, it's considered a way of business.
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NHRA AND IHRA STOCK ELIMINATOR 2772 |
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#8 |
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In the early 1980`s, I first heard of a bankruptcy "strategy". The story went like this: max out your lines of credit, whatever anybody would give you, take it. There never was any intention of paying the bills.They payed back pennies on the dollar, if at all. Terrible deal for honest vendors. Not saying NHRA would do anything like that, but many people did.
MJ |
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