I mean, if you own shares of the company, you lose all of your investment, or can keep the stock during restructuring, hoping for better time to come?
Well if the creditors take it all you'll end up losing all the shares of stock you owned in the company.
I had KMart stock a few years ago and the day after they win retailer of the year they filed for Chap. 11. I saw them restructure and all my stock I owned was gone.
It's tough and it sucks knowing all that money is gone.
