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Watch the Clock – The Price of Bankruptcy

For the debtor, who is already overburdened with debt, it is just the beginning. Companies enter bankruptcy because they are over-leveraged, illiquid and unable to meet their existing obligations. They seek relief, but in that journey instead find a new contingent of creditors, the experts, financial advisors and lawyers, who are necessary to guide them through this re-structuring process.

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Written by: | Categories: Freshly Minted, Market Commentary | December 8th, 2011 |

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