Staying married is tough. But staying together after a bankruptcy is really tough. Not only do you have your personal issues to work through, but you’re constantly getting conflicting financial advice that can put you deeper in the hole.
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November 29, 2006
Delta Retired Pilots to Get $800 Million in Claims
Excerpt: “Bankrupt Delta Air Lines Inc. (DALRQ.PK) said on Monday its creditors agreed to allow the carrier to give retired pilots an additional $719 million in pre-petition claims to help them recoup lost pension benefits. . . . In all, retired Delta pilots will now have a total of about $800 million in allowed claims, the airline said in a statement. The agreement with Delta’s official committee of unsecured creditors is subject to bankruptcy court approval.” (Reuters via KPLCTV.com)
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Delta Air Lines agreed to give its retired pilots an additional $719 million in unsecured claims in its bankruptcy case.
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Because you’re filing without legal representation, you missed an important deadline, so you’ll have to re-file, says the Bankruptcy Adviser.
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