As a GM unsecured bondholder, do I have to file a Proof of Claim?

M

MVD34

New member
Yes and no.

If you want any recovery, you must fill them out.

The cold hard truth is that there isn't likely to be any recovery.

Unless you have invested hundreds of thousand, I wouldn't bother. Write them off as $0.00 on date your accountant or tax adviser tells you for purposes of the tax loss and be done with it.
 
I owned shares of General Motors unsecured bond (RGM). GM went bankrupt, and my online broker emailed a proof of claim form. Am I required to fill this out to get some money back?

Should I just fill it out to the best of my ability and print out receipts of my purchase of the bonds and send them in?
 
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