If General Motors goes bankrupt, what would happen to people who have

  • Thread starter Thread starter David D
  • Start date Start date
The likely form of a GM bankruptcy would not be a liquidation but, instead a reorganization. That means the company would still exist but certain financial obligations would be reorganized. It would be a prepackaged bankruptcy, the various constituents -- unions, suppliers, bondholders -- would agree in advance to concessions.

Therefore the company would still exist and would continue to honor warranties.
 
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