The guy you are talking to is either:
1) A LIAR!
2) A MORON!
3) Both of the above
The ONLY Unsecured claim that does NOT require satisfaction is the US pension, because it is FULLY satisfied under the terms of the NEW pension law.
IF Kodak were sold, the US pension would have to be absorbed by the buyer, or else the $727 million accounting deficit would require payment.
IF you do NOT have enough income to service the mortgage on your house, the bank/ CREDITORS can foreclose, and take your house.
You MORONS no longer have any EQUITY!!!!
In order to satisfy the creditors, the current OWNERSHIP of Kodak will CANCELLED!!!
Then, the NEW shares will be issued to the creditors to at least PARTIALLY satisfy their claims!!!!
You are a real shyt head. credit card companies cannot foreclose on your house...... Not even second mortgage holder. but i guess you did not know that, because you are a shyt head..........
Sentiment: Strong Buy
You work so hard. Go have a drink.
My data tells me there is allot more on the way Pro.
Hold tight, MORE TO COME!!!