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When GM emerges from bankruptcy is the old stock still viable or is it worthless?
Wiki User
∙ 14y ago
The bankruptcy court has not yet decided. The latest proposal is for it to be exchanged for warrants. Warrants sometimes have value. They can be traded for stock if the stock reaches a certain value before the warrants expire. However, a bankruptcy judge must approve all the proposals.
Wiki User
∙ 14y ago
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What happens to your GM stock after they file for bankrupsy?
Stock almost always becomes entirely worthless in bankruptcy. That said, the auto Cos are clearly a special situation...and while the stock becoming worthless is still almost certain...it is possible some small equity position will be held for existing stockholders. But any value will be very small.
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A fetus is viable when it can live outside of the mothers womb. a viable foetus is where a foetus that could be taken from the womb and still be able to survive.
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no
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yes
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Generally, judgements survive bankruptcy.
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Of course.
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Check
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The only viable option would be to discuss the matter with the lender and hope that an equitable agreement can be made. In lieu of such, the petitioner should contact the BK trustee to find out if the Chapter 13 can be modified.
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No, they are still a viable species.
Cancellation of chapter 7 bankruptcy?
You can dismiss a bankruptcy. (Motion to dismiss) However, you will no longer be under the protection of the bankruptcy courts, will still owe everything, and will still have a bankruptcy on your credit report. You may also be prevented from filing again for quite some time. Talk to an attorney about your individual circumstances and how your local Bankruptcy court handles these situations.
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A bankruptcy is not discharged. Debts are discharged. Real estate taxes are a lien on the real estate and would not usually be discharged. Talk to your bankruptcy layer.
Why are the long john silver restaurants closed?
They filled for bankruptcy in 2011, still some of the restaurants are operating. Still they have fanancial diffilculties.
