I heard that JP Morgan was declaring they are to file bankruptcy Jan. 23, 2024.
I find it interesting that they select a date in advance to declare this event. Does anyone know how bankruptcies work and why a date to declare in advance it required. Maybe to notify lean holders?
When I searched the story I found this
https://dianedrain.com/jp-morgan-chase-and-citigroup-agreeing-to-correctly-report-debts-discharged-in-bankruptcy/
Could this be another money grab for JP Morgan? How does one confirm bankruptcy of such a large bank?
I am hoping it is the beginning of the end of revealing the big bank collapse and following it stock markets.
Big Banks Profit by Falsely Reporting Bankrupt Debts Law Office of D.L. Drain, P.A., Arizona Bankruptcy Lawyer
Big Banks Profit by Falsely Reporting Bankrupt Debts on Credit Reports
https://dianedrain.com/jp-morgan-chase-and-citigroup-agreeing-to-correctly-report-debts-discharged-in-bankruptcy/
Yes most likely a court date set up for official filing.
