S ShyLover New member May 11, 2009 #1 Why doesn't GM just file for bankruptcy and clear it's debts. What reason would it not want to do this for? seems like a no brainer. What is the disadvantage to the company of filing for bankruptcy and why would they want to avoid it?
Why doesn't GM just file for bankruptcy and clear it's debts. What reason would it not want to do this for? seems like a no brainer. What is the disadvantage to the company of filing for bankruptcy and why would they want to avoid it?