What are the major types of bankruptcy

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What are the major types of bankruptcy

What are the major types of bankruptcy Explain the basic purposes and procedures of each major type of bankruptcy? Discuss what happens to a debtor’s assets and liabilities during bankruptcy? What debts are not dischargeable in bankruptcy? What would you recommend a creditor do to protect itself from a debtor filing bankruptcy? What are the consequences of filing bankruptcy? Finally, give examples of notable companies that filed bankruptcy and discuss what happened to those companies? *Please refer to the Grading Criteria for Comprehensive Learning Assessments (CLAs) on page 10 of the syllabus for specific guidelines and expectations

What are the major types of bankruptcy

Explain the basic purposes and procedures of each major type of bankruptcy? Discuss what happens to a debtor’s assets and liabilities during bankruptcy? What debts are not dischargeable in bankruptcy? What would you recommend a creditor do to protect itself from a debtor filing bankruptcy? What are the consequences of filing bankruptcy? Finally, give examples of notable companies that filed bankruptcy and discuss what happened to those companies?
*Please refer to the Grading Criteria for Comprehensive Learning Assessments (CLAs) on page 10 of the syllabus for specific guidelines and expectations