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Maybe they are not filing for bankruptcy. I don’t know but I do understand what you are saying. I’ll let you know what I find out.It’s been years since I represented anyone in bankruptcy. But another company trying to settle debts is not how it’s done. The US trustee pays out to the creditors if any thing is left. They might use a third party to help them but that’s after the filing not before.
Looked them up, management company for turn arounds and debt elimination.