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  • What do you do when you own bonds or stocks issued by a bankrupt company?

    Ok so you own securities in a bankrupt company. If they’re stock, you’re probably going to be wiped out. If you own bonds, you are a creditor in the bankruptcy proceedings. Depending on how the proceedings go, you may get shares or bonds in the company. Or you may get cash as the company sells […]

    May 15, 2018
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