6 points | by petethomas 11 hours ago ago
2 comments
what happens if this debt go to zero, i.e. company fails which mostly do, like where does that money go, who is liable?
The company declares bankruptcy, the money is gone. Same as an equity investment.
what happens if this debt go to zero, i.e. company fails which mostly do, like where does that money go, who is liable?
The company declares bankruptcy, the money is gone. Same as an equity investment.