Thread regarding Corinthian Colleges Inc. layoffs

Nolo.com: Chapter 7 Bankruptcy is only filed if business is closing.

"Filing a Chapter 7 means the end of the business. You will no longer be able to operate it or negotiate its sale to a third party under more favorable terms."

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Post ID: @OP+x6azS6K

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Yes I expect this after there are no sales by 12/1 they will start working on a Chapter 7

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Post ID: @I8p+x6azS6K

Yes, that is exactly what some of expect.

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Post ID: @yXx+x6azS6K

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