ABC wants to go into Chapter 11 bankruptcy. This will allow it to reorganize and start fresh. It has gone to a bankruptcy Judge in Naples, Florida. Th

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ABC wants to go into Chapter 11 bankruptcy. This will allow it to reorganize and start fresh. It has gone to a bankruptcy Judge in Naples, Florida. The Company is offering $.33 for every $1.00 owed. The creditors accepted the offer since the option of a complete chapter 6 bankruptcy is nothing. 
What do you think? Should a company be given a second chance?

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ABC wants to go into Chapter 11 bankruptcy. This will allow it to reorganize and start fresh. It has gone to a bankruptcy Judge in Naples, Florida. Th
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