I recently received a letter naming myself as a debtor to General Growth Properties, INC regarding their bankruptcy (Chapter 11 Case # 09-11977) and information on how I need to provide proof of my claim. I did some googling and turn up information on the company but I have no idea what this letter is about; and there is no contact information on it. I have received a few of these letter over the last several months and I don't know what to do? Any sound advice or information would be appreciated!
I would like to know the many alternatives a business can pursue instead of filing for bankruptcy. The more alternatives the better. They must be legal though.
I Read The News And I Still Don't Have It Straight. I Know They Have Until June 1st Correct? What Happened To Opel, Are They Going To Bid For The Company? President Obama Said He Wanted A Leaner Meaner GM. Why would He Say that if it is going to File For Chapter 11 Bankruptcy? Is It Going to Fall or Be Saved? Thank You
This questions has bugged me for a while. So any answer with rationale , references would be appreciated. I can best ask this question with the help of an example. Intel , the market leader , is competing against AMD (which is the only other major player in the chip industry). Now , AMD has been in red for last 3 quarters and if it were to file for bankruptcy under chapter 11 , it would leave Intel as the sole major player in the Industry. Can Intel now acquire AMD? Will it invoke the antitrust law against Intel or it won't matter as AMD's bankruptcy has left Intel as the market leader anyhow! Awaiting replies. Best, BudFox
I have 9 more payments left in my chapter 13 bankruptcy plan and I wanted to know what happens after I finish paying all of the payments.
has any body joing the nouveau riche university community?..is this something you would recomend and have you aquired any properties or worked some deals ever since you joined the community?
I am trying to collect info on filling bankruptcy for an LLC- just oppened 7 months ago and have been able to keep upfloat until now but no longer have the funds to pay the high rent, business loans or even employee payroll. What options do I have? Will a bankruptcy for an LLC kill my personal credit? Am I correct that personal belongings (such as my home) are safe? I heard that the laws in NJ are "not so generous"... what can I expect?
My dad's accountant filled out a form for his small business and wrote the type of corporation it is but i cant read what is says. I know its a C but after it there is a 6 and one or two other characters? I think it says C628 or something close to that but i'm not sure.
Who will pay all the credit card debts she filed against? What happens to all her debts and what will the credit card companies do?
Eastman Kodak filed for bankruptcy not long ago and began restructuring plans. But with them exiting the camera business and their shrinking market share in each of their markets Do you think they should just liquidate and cut their losses? Could they be worth more dead than alive? What are your thoughts?
Yesterday the company I was employed by for the past 4 years announced that they will be filing for chapter 7 bankruptcy. The same day this was announced was the first day employees had heard about it, and the first day that the company's doors were closed. There are (from what I've read) over one thousand employees across the country that are...well...pissed off. The company stated in a letter "because of the unforeseen termination of funding by the lenders, there is no money to pay payroll (both past and future), there is no money to reimburse expenses, and there is no money to pay our suppliers." We, the employees interpret this to mean that we will not get paid for the past two weeks that our upcoming pay checks would have covered. Is a class action lawsuit necessary? Should we wait until after they file for bankruptcy?
Could AMD go bankrupt?, What would happen if they do? as their revenue plummeted $3.379 billion in 2007. Would we all have to go with intel if they did?
I quit my job when my company filed for chapter 11 bankruptcy. I have a "non compete" agreement in my contract but in light of the recent change what is my obligation? I am bound to this agreement for 5 years, that seems like longer than the norm. Can I contest this or am I stuck with what I signed for?
I live in Arkansas and my car was repossessed early this morning. I am filing bankruptcy...will I be able to get my vehicle back today or ever?
Despite the government bail out, did'nt GM and Chrysler declare bankruptcy in 2009 anyway?