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A beleaguered trucking business that gained a $700 million pandemic-period bank loan from the federal government can be compelled to file for bankruptcy defense this summer season amid a dispute with its union, a improvement that may leave American taxpayers trapped which has a failed enterprise.If This is often not possible, make clear Why don't y

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In case you’re recent on your lease payments, you can continue on the lease and continue to keep creating payments. This is referred to as assuming the lease. Bankruptcy also helps you to get out of your respective lease with out incurring charges or penalties. This is known as rejecting the lease.When the bankruptcy filing includes a repayment p

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