negative alpha Posted February 4, 2017 Posted February 4, 2017 Anyone have any experience holding bonds that went through chapter 11? I'm expecting a restructuring with equity in the reorganized entity. Is there anything I need to do, or do I just sit on my hands and wait for this to work it's way through the courts? I'm starting to receive notices about the bankruptcy proceedings.
Jurgis Posted February 4, 2017 Posted February 4, 2017 In case of small investor, usually (?) you just sit and wait. I've gone through one of these with an energy company. The results were crap. Bad selection of the debt/company on my part though.
negative alpha Posted February 5, 2017 Author Posted February 5, 2017 Thanks, that what I figured. I'm in a energy situation as well, but feeling optimistic about recovery.
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now