Co-op Property and bankruptcy
If someone owns a co-op and the “corporation” goes bankrupt for whatever reason, what happens to the “shareholders” (habitats) of the apartment? Are there scenarios where the bankruptcy will end differently? Thanks!
If someone owns a co-op and the “corporation” goes bankrupt for whatever reason, what happens to the “shareholders” (habitats) of the apartment? Are there scenarios where the bankruptcy will end differently? Thanks!