• There Ought To Be NO RECOURSE FOR CREDITORS During COVID, And For ONE Y

    From Intelligent Party@21:1/5 to All on Fri Jun 5 14:26:57 2020
    XPost: fl.politics, houston.politics, tx.politics
    XPost: az.politics, alt.abortion

    I don't want to see ONE company fail due to COVID.

    Companies need to know, there is no recourse for creditors during COVID, and for
    ONE YEAR after COVID is OVER. And there are no evictions during COVID.

    This is necessary to save the U.S. Economy.

    This is our stimulation of the U.S. Economy in the face of COVID.

    No recourse for lenders, and no consequence for borrowers.

    Possession is 9/10ths of the law. The companies are 100% in possession of all their assets, and ought not pay their debts or rents.

    NEW BORROWING AND LENDING during COVID and for the year following shall NOT be subject to this no recourse forbearance, and payment shall be expected and required of it.

    I WANT, AND DEMAND, both Congress, and the Courts recognize this. I WANT to see
    no liquidations due to COVID. And companies need to know, they will not be liquidated by the courts.

    All a Chapter 11 OUGHT to do, is affirm that there will be no liquidation for 1 year after COVID is over. And this shall/ought to be the case irregardless of the
    filing.

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