Hi
I know it's far from an exact science but would anyone here care to hazard a guess on the probable "acceptance rate" of each of the following proposals?
What I'm trying to ascertain is to what extent (if any) is the bank's decision affected by the size of the differential between the bankruptcy outcome and PIA outcome?
Scenario 1: PIA 60k (vs Bankruptcy 50k)
Scenario 2: PIA 100k (vs Bankruptcy 50k)
Background:...
PIA vs Bankruptcy. Is the difference in return important?
I know it's far from an exact science but would anyone here care to hazard a guess on the probable "acceptance rate" of each of the following proposals?
What I'm trying to ascertain is to what extent (if any) is the bank's decision affected by the size of the differential between the bankruptcy outcome and PIA outcome?
Scenario 1: PIA 60k (vs Bankruptcy 50k)
Scenario 2: PIA 100k (vs Bankruptcy 50k)
Background:...
PIA vs Bankruptcy. Is the difference in return important?