Motors Liquidation Company (fka MTLQQ)

[I-Man]

Yes I agree but commercial bankruptcy is NOT like personal bankruptcy and is not a bad thing always- it forces more changes & accountability as every major airline has filed bankruptcy even at one time, and K-Mart twice to my knowledge where K-Mart owns Sears today- so go figure..

Problem is personal bankruptcy follows and haunts a consumer 10 years minimum now regardless of C7 or C13 and this is used against consumers to force higher interest rates on any borrowing needs- yet any corp can file C11 bankruptcy and still go on and nothing happens to them and people seem to forget they filed C11 and still buy their products; whereas a person having to file bankrupcty for any reason seems to be sued to discredit that person for years as if they are lesser of an American citizen...