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Nothing.
It can not pay its employees or pay for its services.
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.
you can claim a CAPITAL GAIN LOSS ON YOUR TAX RETURN FOR THE YEAR IF THE COMPANY GOES BANKRUPT that's it.
I have a claim on a car insurance policy with AIG. What are the chances of this claim being met?
When one goes bankrupt, one's debts are cancelled.
It goes in to your tank then in 4 hours you can sell them
Not likely. Bankrupt means that they have no money.
move.
The company still has to pay it off, it might even just rest on the owner's, or the person who took it out, hands.
Well, NASCAR maybe purchased by another company or person. It is too big to just give up on. Someone will buy it.
It means a bank goes out of business or goes bankrupt.