US EditionNew details from Collins bankruptcy show they owed Lubbock-based Ferrum Capital ‘undetermined’ amount of money - Lubbock Lights
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New details from Collins bankruptcy show they owed Lubbock-based Ferrum Capital ‘undetermined’ amount of money - Lubbock Lights
New bankruptcy records revealed details for people who may lose $80 million or more in Lubbock-based Ferrum Capital. Collins Asset Group filed bankruptcy this month in Delaware, which we covered here. Collins owed an “undetermined” amount of money to Ferrum Capital, according to updated bankruptcy records Wednesday. The debt is backed by $7.85 million of collateral in the form of non-performing loans. However, four more companies, not just Ferru…
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