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Sure. Although most insurance type contracts and companies have some State oversight to prevent, or compensate, under such an event.
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∙ 15y ago
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What will bankrupt solve?
When one goes bankrupt, one's debts are cancelled.
Will i get my money back if my travel agency goes bankrupt?
Not likely. Bankrupt means that they have no money.
What should you do if your state goes bankrupt?
move.
What does it mean when a bank fails?
It means a bank goes out of business or goes bankrupt.
What happens to the government if a company goes bankrupt?
Nothing.
What happens to your warranty when a company goes bankrupt?
If the Bankrupt company is just the retailer then the warranty is still covered by the manufacturer. If the manufacturer goes bankrupt then the retailer covers the warranty. The seller is responsible for a warranty. Clearly if the seller is the manufacturer and they go bankrupt then it's most unlikely that the warranty will remain in force.
Is blansett pharmacal bankrupt?
If they're not bankrupt yet, they soon will be!! All the money made (if any) goes into LB's pockets.
What is the song on the Blue Cross Blue Shield commercial that goes Brighter than sunshine?
Aqualung, "Brighter than sunshine". Aqualung, "Brighter than sunshine".
What happens if your city goes bankrupt?
It can not pay its employees or pay for its services.
What is Travel Guard Insurance and do they offer services to all U.S. states?
Travel Guard insurance can cover you if you get sick and can't keep your flight, a cancelled flight, even if the flight company goes bankrupt you and your travel plans will be safe.
In concrete terms what would happen to Iceland if the Icelandic government goes bankrupt?
Governments can't go bankrupt. They just have to work their way out of their dept.
Does a lien hold if the company goes bankrupt?
unless it is written off by the court, it does. I would assume that it would be listed as debt by the party going bankrupt.
