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A comment on Bank of America: 58,000 small businesses ask for $6B in loans since 9 a.m. Parent comment

Re:Bank of America: 58,000 small businesses ask for $6B in l... by throwaway_USD on Friday April 03, 2020 @04:45PM (#22773783)
No they are just debtors...once they can't service their debt they are simply insolvent debtors whose assets will be foreclosed on.
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Re:Bank of America: 58,000 small businesses ask for $6B in l... by rdtwo on Friday April 03, 2020 @09:58PM (#22775582)
Those assets are worth pennies on the dollar to a 3rd party and the liquidation process will cut those pennies in half
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