« The Servicing Fraud Settlement: the Real Game | Main | Recommended Reading »

You Too Can Be a Distressed Debt Investor

posted by Stephen Lubben

Image-12 Even unintentionally. My local Duane Reade drugstore is selling Borders gift cards. And this just days after Bloomberg reported that Borders had not found anyone interested in buying more than little bits of the company.

Comments

Now that's interesting.

So is it the responsibility of Borders to pull all their cards, the store that's selling them to remove them, or is it totally up to the buyer to be aware that they are purchasing a worthless gift card? Evidently, it is the latter.

The comments to this entry are closed.

Contributors

Current Guests

Follow Us On Twitter

Like Us on Facebook

  • Like Us on Facebook

    By "Liking" us on Facebook, you will receive excerpts of our posts in your Facebook news feed. (If you change your mind, you can undo it later.) Note that this is different than "Liking" our Facebook page, although a "Like" in either place will get you Credit Slips post on your Facebook news feed.

News Feed

Categories

Bankr-L

  • As a public service, the University of Illinois College of Law operates Bankr-L, an e-mail list on which bankruptcy professionals can exchange information. Bankr-L is administered by one of the Credit Slips bloggers, Professor Robert M. Lawless of the University of Illinois. Although Bankr-L is a free service, membership is limited only to persons with a professional connection to the bankruptcy field (e.g., lawyer, accountant, academic, judge). To request a subscription on Bankr-L, click here to visit the page for the list and then click on the link for "Subscribe." After completing the information there, please also send an e-mail to Professor Lawless (rlawless@illinois.edu) with a short description of your professional connection to bankruptcy. A link to a URL with a professional bio or other identifying information would be great.

OTHER STUFF

Powered by TypePad