What happens in corporate bankruptcy?

Answer There are three different results that can occur in corporate bankruptcy, depending on which chapter of bankruptcy the corporation files under. Generally, corporations can choose between liquidatio... Read More »

Top Q&A For: What happens in corporate bankruptcy

The Effects of Corporate Bankruptcy?

Corporate bankruptcy is a broad legal term that actually encompasses three different types of legal action. Corporate bankruptcy can occur under either Chapter 7, Chapter 11 or Chapter 13. While a ... Read More »

Bankruptcy & Corporate Restructuring?

Corporate restructuring occurs when a business redesigns some aspect of itself. It can occur for many reasons and bankruptcy is among them. In a chapter 11 bankruptcy a company develops a restructu... Read More »

Are pensions affected by corporate bankruptcy?

On One Hand: It all dependsYour pension could be affected by a corporate bankruptcy. A lot depends on the type of bankruptcy your company enters. According to the U.S. Department of Labor, a Chapte... Read More »

Bankruptcy & the Effect on the Corporate Shareholder?

When a corporation files for bankruptcy, it is never good news for the investor. At the best, the shareholder will receive pennies on the dollar for the shares owned; at the worst, the shareholder ... Read More »