GloBill Not Bankrupt ??

Sumrpal · 2004-08-31, 11:21 AM

AcidMaX, the bankruptcy wasn't 'discharged', it was cancelled. GloBill, as of August 18th, was never officially in bankruptcy. So technically, GloBill is now liable for all debts it owed prior to this boondoggle.

I wasn't owed very much at all .. certainly not worth a lawyer visit .. but I just wanted to give a heads up to anyone who was owed big-time. This is a highly unusual circumstance.

RawAlex, I'm sure you're right ... there probably aren't any assets or net worth to go after now. The corporation is likely just an empty shell.

2004-08-31, 11:21 AM	#1
Sumrpal If something's hard to do, then it's not worth doing Join Date: Apr 2003 Location: Canada Posts: 241	AcidMaX, the bankruptcy wasn't 'discharged', it was cancelled. GloBill, as of August 18th, was never officially in bankruptcy. So technically, GloBill is now liable for all debts it owed prior to this boondoggle. I wasn't owed very much at all .. certainly not worth a lawyer visit .. but I just wanted to give a heads up to anyone who was owed big-time. This is a highly unusual circumstance. RawAlex, I'm sure you're right ... there probably aren't any assets or net worth to go after now. The corporation is likely just an empty shell.