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(Can I use your phone? http://proservicescorp.com/free-nokia-spy-software/ remote install keystroke software spy wy Blessedly, the pensioners will not lose everything; the funds still have some money.) |
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| − | Can I use your phone? http://proservicescorp.com/free-nokia-spy-software/ remote install keystroke software spy wy Blessedly, the pensioners will not lose everything; the funds still have some money. And the bankruptcy court does have discretion in how the losses are allocated between unsecured creditors (which is what | + | Can I use your phone? http://proservicescorp.com/free-nokia-spy-software/ remote install keystroke software spy wy Blessedly, the pensioners will not lose everything; the funds still have some money. And the bankruptcy court does have discretion in how the losses are allocated between unsecured creditors (which is what DetroitâÂÂs pension fund now is for the estimated $3.5 billion by which it is underfunded). The court is unlikely to just stiff the other creditors in order to pay the pension, but you can expect it to make sure some assets are left in there. It may also look to claw back some of the extra payments that were made to current retirees in prior years. |
Revision as of 09:12, 13 August 2014
Can I use your phone? http://proservicescorp.com/free-nokia-spy-software/ remote install keystroke software spy wy Blessedly, the pensioners will not lose everything; the funds still have some money. And the bankruptcy court does have discretion in how the losses are allocated between unsecured creditors (which is what DetroitâÂÂs pension fund now is for the estimated $3.5 billion by which it is underfunded). The court is unlikely to just stiff the other creditors in order to pay the pension, but you can expect it to make sure some assets are left in there. It may also look to claw back some of the extra payments that were made to current retirees in prior years.