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Mr_Creepy · August 9th, 2003, 14:59

[ QUOTE ]
The sad thing is, I don't see HOW the Williams had to resort to CH 7 when they had all that money from the students.

[/ QUOTE ]

I think I covered this under the ATA thread but the Williams' had no money left, else they would have kept the business open. They had a huge stack of bills to pay, and even though they paid more than half, they are now "dead broke."

"All that money from the students."

Let's see, there were four new students since Jan 1, and they put up a total of $165,000 - much of which was in a housing fund which the student's lawyers "confiscated" to use as a "retainer."

The news article says the judge turned over the $107,000 in the Key Housing Fund to the student's attorneys for "safe keeping."

Don't make me laugh.

August 9th, 2003, 14:59	#21
Mr_Creepy Old Skool Join Date: May 2003 Location: In the O-zone Posts: 5,812	Re: Current or former students? [ QUOTE ] The sad thing is, I don't see HOW the Williams had to resort to CH 7 when they had all that money from the students. [/ QUOTE ] I think I covered this under the ATA thread but the Williams' had no money left, else they would have kept the business open. They had a huge stack of bills to pay, and even though they paid more than half, they are now "dead broke." "All that money from the students." Let's see, there were four new students since Jan 1, and they put up a total of $165,000 - much of which was in a housing fund which the student's lawyers "confiscated" to use as a "retainer." The news article says the judge turned over the $107,000 in the Key Housing Fund to the student's attorneys for "safe keeping." Don't make me laugh.