President Obama announced moments ago Chrysler will officially file for a “quick” Chapter 11 bankruptcy protection under United States Code in New York bankruptcy court later today, then partner with Fiat. Here’s what happens next.
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Chrysler Officially Files For Bankruptcy, To Partner With Fiat
The shocking state of Britain’s finances means an IMF bailout is still a distinct possibility. So what can we learn from Iceland, a country now living under an IMF recovery plan? David Stevenson investigates.
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Iceland's lessons in bankruptcy for Britain – MoneyWeek
Bankruptcy clients need to be honest and complete in their dealings with the bankruptcy court. Watch this video, produced by the Office of the US Trustee, for more information.
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Bankruptcy Court Hearings
Ugobe Inc., maker of the widely hailed interactive robot baby dinosaur named Pleo, filed for Chapter 7 bankruptcy on April 17. The filing comes a little more than six months after the company announced that it would move its …
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» Ugobe Inc. files for Chapter 7 bankruptcy « Idaho Business Review
Bankruptcy is a proceeding in a federal court in which a debtor who owes more than his or her assets can receive debt relief by transferring his or her assets to a trustee or agreeing to reorganization of assets and liabilities. …
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Bankruptcy – eXtension
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