Thread regarding Corinthian Colleges Inc. layoffs

Wyotech

Hey if this school goes belly up like a road killed opossum will they start selling snap on tools to the public? Also will they sell equip like chevys. Fords. Volvo and mack parts? They should go for a decent price. If anyone has information please share.

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Post ID: @OP+wc3fj89

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No they will not sell the cars/motorcycles, etc. Once vehicle is marked as a teaching aide, it cannot be sold as a transportation vehicle again. It may only be sold as a teaching aide for another school, etc. to use. The vehicles will most likely be scrapped out and sold for scrap. I am not sure about the tools though.

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Post ID: @1X3n+wc3fj89

Is "a decent price" high or low?

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Post ID: @nMt+wc3fj89

That is what typically happens, fire sale

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Post ID: @rUK+wc3fj89

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