> When a company shuts down, the contracts become part of the liabilities.
The asset in the contract is their customer's data; it is becoming stale by the minute. It could be residing in debtor-owned hardware and/or in data centers that are no longer getting their bills paid.
It takes time to get a trustee assigned and I think we need an immediate response - like same day. (NAL but prep'd 7s & 13s)