Why would we go bankrupt on a company that has more assets than debt?

And am I correct didnt Aegis funding go Bankrupt a few years ago?

The bankrupt situation of CA and the taxes situation in NY.

Those that are doing the taking are also free to move to bankrupt states like Kali and most of the northeast and pay 2-3X in taxes to make up for all of the social engineering they deem necessary to make things right.

I ran into bad contractors ,underestimated the amount of repairs that were needed and my lender went bankrupt.

Any kind of lawsuit over lead paint would probably bankrupt me; and proper lead paint remediation is extremely expensive (tens of thousands of dollars).

The FDIC is actually set up to protect the BIG BANKS from going Bankrupt!

Is this what the finance industry is all about or is it a conspiracy to bankrupt the USA?

I'm just curious if the builders would be put in the same category or do they have their own special category like 'Bankrupt' :)

Lenders are also happy to lend without credit checks as long as they can securitize and sell the loans, book the profits, and take home a big bonus even though they know their companies will be bankrupt once the market corrects.Not to get too political about it, but I think the age of amorality is partly the result of urbanization and the mobility of labor.