0
Because they can no longer pay their creditors...AKA company is not worth the money they borrowed.
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
Companies that went bankrupt?
us energy company that went bankrupt in 2001
Big companies that went bankrupt?
Lehman brothers
Is Ratner Companies going bankrupt?
Yes yes yes
Life or annuity insurance companies that have gone bankrupt in the last 10 years?
AIG
When was the Bankcard company declared bankrupt?
Bankcard company need to carefully manage their budget as do all companies really. Overspending or not earning enough can cause companies to declare bankruptcy. Even famous companies like THQ declared bankruptcy in 2012.
What finance companies have gone bankrupt due to the credit crunch?
For a list of bankrupt companies try www.BusinessBankruptcyLists.com. They should have a list of bankrupt finance companies.
Which pharmacy companies have become bankrupt?
You can get a list of bankrupt companies in the pharmaceutical industry at www.BusinessBankruptcyLists.com.
List of bankrupt trucking companies?
Go to www.BusinessBankruptcyLists.com. They have lists for all types of bankrupt companies, and they're very affordable.
Companies that went bankrupt?
us energy company that went bankrupt in 2001
List of Bankrupt businesses Ontario Canada?
I need a list of bankrupt companies in Toronto in 2011
List of companies that have gone bankrupt in lancashire?
I want to know if the Sparling in Lancashire has gone bankrupt, if so when
Big companies that went bankrupt?
Lehman brothers
What airline companies have gone bankrupt due to the credit crunch?
BMI baby went bankrupt for a period of time, and then it was airtours.
Did companies go bankrupt in the Boston tea party?
yes
Is Ratner Companies going bankrupt?
Yes yes yes
What does a business recovery company do?
Business recovery companies are designed to get bankrupt or almost bankrupt companies back to their feet. They usually get somehow involved in the business they save, for example take ownership of the company.
Companies which went bankrupt because of bad promotions?
General Motors
