Bankruptcy law as a vendor?

  • Thread starter Thread starter Cleaning Gal
  • Start date Start date
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Cleaning Gal

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Need advise from someone who really knows. Retail chain that filed chapter 11 earlier this year is now closing all stores and liquidating. I know that receivables owed prior to chapter 11 won't be collected, but for new receivables post petition, how does it work if retailer now just closes all stores. Will these funds be collected?
 
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