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What else can I help you with?
What do you do if you have a policy with a company that has declared bankruptcy?
Contact the Insurance Commissioner, they probably had the company taken over by another company.
What happened to Red ball motor freight?
The company declared bankruptcy in 1982.
What car company will run out of money by the of the year 2009?
GM just declared bankruptcy.
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 if your condominium declares bankruptcy?
Your condominium association is a public company. There are several types of bankruptcy, and the type chosen by the association will determine how business proceeds once bankruptcy is declared. Read more, below.
When was the Nationwide insurance company declared bankrupt?
There is no easily obtainable record of the Nationwide insurance company declaring bankruptcy. Currently, they are an active company, with enough profit to donate to charitable causes.
If you acquire assets of a company in a sale do you have to pay their vendors what is owed?
Has the company declared bankruptcy? If so, what kind of bankruptcy? Does the company still exist or is it being liquidated entirely? What kind of agreement exists with the vendors? Are you buying the company, or just its assets? It can work either way, depending upon the circumstances.
Why were twinkies discontinued?
The company that made Twinkies declared bankruptcy. As of early 2013 the brand is in the process of being sold. When the sale is completed, Twinkies will return.
Why did Anchor Blue declare bankruptcy?
Anchor Blue declared bankruptcy because it had more debt than assets and did not believe it could pay its creditors. The company had been loosing sales to its competition, which included American Eagle.
Insurance company in the Philippines that declared bankruptcy?
according to history no insurance companies has been bankrupt because all insurance companies are under the insurance commission which is a government body. in addition, there's no gov't. body has been into bankruptcy. only pre-need companies are going into bankruptcy.
Will bankruptcy protect me from foreclosure by my mortgage company?
Yes, bankruptcy protect you from foreclosure by your mortgage company. You can read more at www.hirby.com/mortgage-lender-filing-for-bankruptcy
Can you force a company in receivership into bankruptcy?
No, a company in receivership cannot be forced into bankruptcy because the company is already under the control of a court-appointed receiver. The receiver's role is to manage the company's assets and operations to protect the interests of creditors. If the receiver determines that bankruptcy is necessary, they can petition the court for bankruptcy proceedings, but it cannot be forced upon them.
