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Disaffected

(5,906 posts)

10. Declaring bankruptcy is an age-old ploy

Reply to BlueWaveNeverEnd (Original post)

Fri Sep 5, 2025, 09:34 PM

Sep 5

to get out of financial obligations.

Case in point - if you are hiring a contractor, don't ask simply how long they have been in business, ask how long they have been in business under the same name. Getting you driveway paved, getting your house painted, the "warranty" they supply will be worth nothing if they declare bankruptcy a few months after completing your job and resurface a little later, in the same business, but with a different name.

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BlueWaveNeverEnd luv2fly scipan

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Highlight:

Publishers Clearing House goes bankrupt. Ceases payments to its "$5,000 per week for life" winners [View all] BlueWaveNeverEnd Sep 5 OP

What a bunch of welching scumbums johnnyfins Sep 5 #1

I bet a billion bucks that they are republicons BoRaGard Sep 6 #15

Poor David Brumbalow Chipper Chat Sep 5 #2

Was that that co. that made you buy magazines to have any realistic change of winning? Justice Brandeis Sep 5 #3

Technically, you weren't required to buy magazines BlueWaveNeverEnd Sep 5 #4

Correct. Laws governing sweepstakes mandate that the ability to enter . . . John1956PA Sep 5 #7

I mean yes, but Justice Brandeis Sep 6 #17

Yes. The old "wink and a nod" came into play and defeated the law. John1956PA Sep 6 #18

I didn't even know this was still a thing! Initech Sep 5 #5

I was weirdly thinking about them 2 or 3 days ago. chowder66 Sep 5 #6

Sounds identical to a Trump con job. Emile Sep 5 #8

One year they got caught throwing away entries that did not have a subscription. Norrrm Sep 5 #9

I remember that BlueWaveNeverEnd Sep 5 #11

Declaring bankruptcy is an age-old ploy Disaffected Sep 5 #10

The big wigs will probably get bonuses and retention pay for winding down the company. Norrrm Sep 5 #12

I didn't even know they were still around nt GenThePerservering Sep 6 #13

I remember getting their envelopes in the mail until about 20 yrs ago??? BlueWaveNeverEnd Sep 6 #14

Shouldn't be a big surprise if you have taken a recent look at a magazine rack MichMan Sep 6 #16