Busted retailers use bankruptcy to break leases by the thousands

Re:Busted retailers use bankruptcy to break leases by the th... by munk-a on Thursday August 06, 2020 @05:45PM (#24075815)

A large proportion of those debt collectors are gigantic soulless corporations that nobody would mind watching suffering somewhat - but that's the same as every industry. There are a lot of smaller property owners that are really hurting here and pausing debt collection might free those owners from debts but it won't put food on their table.

This is, unfortunately, a very complicated problem.

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Re:Busted retailers use bankruptcy to break leases by the th... by WanderPanda on Thursday August 06, 2020 @06:39PM (#24076183)

- A large proportion of those debt collectors are gigantic soulless corporations that nobody would mind watching suffering somewhat

I would argue that in Germany this is not the case. Everyone minds the gigantic soulless corporations suffering, because only they have the unions deeply intertwined with politics and the sympathy of the media (for whatever reason, ad money maybe?).

The Lufthansa bailout was clearly made to benefit the workforce and not the general population.

This crises lifts the high-level corruption here in Germany to the next level it seems.

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Re:Busted retailers use bankruptcy to break leases by the th... by marcosdumay on Thursday August 06, 2020 @06:23PM (#24076063)

Property owners will suffer anyway.

Government help was supposed to alleviate that pain, but I doubt they'll receive any - another point for UBI. But forcing the debtors into liquidation when they could otherwise survive won't help anybody.

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