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Journal of nicholas (3034)

Sunday January 04, 2009
04:43 PM

Despair was right on Consulting

[ #38217 ]

Bankruptcy trustees “spend huge amounts of money trying to get money from some investors and give it back to other investors,” LoPucki said. “The incentive of the trustee and the lawyers is to churn, to bring lots of cases, spend lots of time and charge lots of fees.”

If you're not a part of the solution, there's good money to be made in prolonging the problem.


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