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Sure.
Many have in the past.
However, if it is an FDIC insured bank, depositis up to 100K per account are insured and will not be part of the BK.
NO!!!!! Not if you mean the type of bank that accepts deposits. There is no provision in the bankruptcy code to allow banks to file for bankruptcy. Therefore, no bank in the US has EVER filed for bankruptcy. Banks, are, however, placed into involuntary receivership by their chartering authority, which is either usually the state banking commissioner/authority in the case of state banks, and the Office of the Comptroller of the Currency for national banks, and the Office of Thrift Supervision for federal savings banks and federal savings and loan associations. On the other hand, banks and s&l's are frequently owned by holding companies which can and sometimes do file for bankruptcy protection.
If you mean an "investment bank", like Lehman Brothers, which is just another name, really, for a stock broker, than, yes, they can file for bankruptcy. Those institutions are not commercial banks, and do not accept deposits, and least not in the legal sense.
NO!!!. Look at §109(b)(2) of the Bankruptcy Code. A bank may not never be a debtor in bankruptcy. Also, Lehman Brothers may not enter into bankruptcy. Lehman Brothers holdinng company may enter into bankruptcy.
What else can I help you with?
Can a bank go bankrupt?
Yes, a bank can go bankrupt if it incurs significant losses and is unable to meet its financial obligations.
What happens to your properties if you go bankrupt in Monopoly?
If you go bankrupt in Monopoly, all of your properties and assets are returned to the bank and you are out of the game.
What does it mean to go bankrupt?
it means when you have no money in the bank or your broke
When does a bank go bankrupt?
any bank becomes bankrupt if it loans r more than deposits. this is one reason. 2nd reason if its employees makes fraud.
Does lloyds tsb freeze your bank acc if you go bankrupt?
yes
What happens to a player's properties if they go bankrupt in Monopoly?
When a player goes bankrupt in Monopoly, all of their properties and assets are returned to the bank.
Do you acquire the properties of a player if you bankrupt them in Monopoly?
No, in Monopoly, you do not acquire the properties of a player if you bankrupt them. The properties go back to the bank and can be purchased by other players.
Can the bank freeze my safe box if my business go bankrupt?
Yes. Probably must by law.
Is the royal bank of Scotland bankrupt?
No
Can you be a teacher if you go bankrupt?
Can you be a teacher if you go bankrupt ?
How many times can you go bankrupt in mn?
Once you go bankrupt you are out of the game so you can go bankrupt once
Did GMC go bankrupt?
General Motors did go bankrupt.
