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What happens to your warranty when a company goes bankrupt?

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.


What happens to a publicly traded company when its stock goes to zero?

you can claim a CAPITAL GAIN LOSS ON YOUR TAX RETURN FOR THE YEAR IF THE COMPANY GOES BANKRUPT that's it.


What happens to shareholders when a company goes bankrupt?

When a company goes bankrupt, shareholders may lose the value of their investment as the company's assets are used to pay off debts to creditors. Shareholders are typically last in line to receive any remaining funds after creditors and bondholders are paid.


What happens to my loan if a bank goes bankrupt?

If a bank goes bankrupt, your loan may be transferred to another financial institution or a government agency. You will still be responsible for repaying the loan, but the terms and conditions may change.


What happens when company goes public?

more government regulations


What explains what happens when a company or government issues bonds?

The company or government goes into debt to those who purchase the bonds.


What best explains what happens when a company or government issues bonds?

The company or government goes into debt to those who purchase the bonds.


What best explains what happens when company or government issues bonds?

the company or government goes into debt to those who purchase the bonds


What happens to a loan if the bank that issued it goes bankrupt?

If the bank that issued a loan goes bankrupt, the loan may be transferred to another financial institution or a government agency. The borrower is still responsible for repaying the loan, but the terms and conditions may change.


The significance of the word 'limited' in the name of a company?

it means that the company has limited liability. If the company goes bankrupt they loose only what they invest in the business.


What happens to your 401k if the company administering it goes bankrupt?

The things it is invested in are separate from the company administering it...the $ are in those assets (stocks/funds) and will simply be transferred to whoever looks after them in the future.


What happens if your city goes bankrupt?

It can not pay its employees or pay for its services.