How screwed up are the bankruptcy laws?
Well, there's a company that owed us over $300,000 in royalties. Literally took in money that was supposed to be for us and simply didn't pay us. In order to keep us from making a loud public hub-bub about it, they agreed to let us sell some of their products through our store so that we could apply those sales to their outstanding debt. Their royalty ended up being fairly small, say $2,400.
But through the magic of bankruptcy, this company claims its debt has been zeroed out and now wants us to pay it $2,400 in cash on the basis that its debt to us -- over $300,000 or so, no longer exists.
Is that gall or what?