Registered: Apr 2004
04-01-12 06:09 PM
Quote from irniger:
When can funds be expected out of the bankruptcy - and how much? Some people are still waiting for funds from the Lehman bankruptcy.
Isn't it better to grab 90% offered by some buyers of these claims, like Prime Shares, Contrarian Capital, UBS Investment Bank, Tannor Capital and others now and put the funds back to work? A claimant might never get 100% - perhaps 95%!
If we're a domestic account, we've already gotten back 72%. So most of our funds are already back to work.
The offers from these outside companies have been restricted to 100K or more.
As my remaining amount is under 10K, I can't sell anything. They don't want to bother with us small guys.