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Cash Store Financial Services Inc CSFS



NYSE:CSFS - Post by User

Comment by destroyedon Apr 12, 2014 11:51am
467 Views
Post# 22443535

RE:RE:RE:Protest!

RE:RE:RE:Protest!ATA ... first off "chapter 11" is a US term. In this instance, CSF will go into receivership. During that period, all assets are frozen and no one gets anything. Payroll doesn't come from company cash - they borrow it! Do I think they will able to borrow? NO. Any severance, pay, vacation pay will NOT be there. There have been 100's of instances of that happening. CSF doesn't do anything without a court order compelling them to. You will get little, if anything. AND your friend may be right. Some may see you as tainted by all this, but I would not worry about it
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