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Old 09-02-2020 | 09:22 AM
  #1695  
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cactipilot
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From: Stick Monkey
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Originally Posted by GPullR
You can double that number with payroll tax and benefits.

5 billion ish will be the number to declare bankruptcy. Right now its supposedly just over 1 billion loss a month. So we have about a year to stop the bleeding.


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Why 5 Billion? I'm assuming you have to have working capital to get you through the Chapter 11 without getting any more loans since, well, who lends to a Company in BK.... but How long did the last Chapter 11 take? Anyone on property remember!?
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