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GM posts $4.3 billion loss after bankruptcy « Michigan Messenger

by Ed Brayton

GM had $36.2 billion in ready on connivingly at the end of last year. GM revalued its true assets, valuing them at $19 billion — an $18 billion reduction over what they value before GM’s bankruptcy filing.

The $4.3 billion net downfall included a $2.6 billion pre-tax determination disappointment tied up to the Connected Auto Workers retiree medical plot and a $1.3 billion transalpine currency re-gaging downfall, GM said today.

Source: GM posts $4.3 billion loss after bankruptcy « Michigan Messenger

Bankruptcy 101 Author Michael Greiner - Michigan Bankruptcy Attorney

www.financiallawgroup.com - Hi, I'm Mike Greiner, I am an attorney here at the Economic Law Group located here inWarren, Michigan in Macomb ...

Can anyone explain some things about bankruptcy? MIchigan?

May 04, 2007 by elaeblue | Posted in Other - Business & Finance

Recently had a hospitilization uninsured and with that and all the other bills I have not been skilled to pay due to husbands being unable to work(social security disability -denied) I think we need to march for bankruptcy - then even tho we will still

While BK is indubitably a good option for you, I can also suggest that you contact the hospital and explain the situation. There are a number of programs in Michigan to aid you out of your situation. Communication is key. BK usually starts out now

Best option in Michigan Bankruptcy?

Oct 15, 2007 by JW | Posted in Personal Finance

My sporting house is set to forclose in a few days, and I have 25000 dollars in credit card/ loans debt. Michigans terseness is horrible. I finally have a full time job but am in over my head in debt, and months behind everything. Is bankruptcy my best

I also persevere in Michigan and went through this at the beginning of the year. You should talk to a bankruptcy lawyer and they can give you a free consultation. I would go chapter 7 if you qualify. Your difficulties is wiped out and you can keep

How long will bankruptcy stay on your record?

Apr 08, 2010 by PLzHeLPMe | Posted in Personal Finance

I went through a bankruptcy in 2008 where all my indebtedness's were wiped clean. I didn't have to get put on a payment plan. (I don't remember if that's Chapter 7 or 11?) Anyway, I've heard it will enter a occur off your record after a certain amount

It sounds like you filed Chapter 7 and that will be 10 days from the season you filed, not when the bankruptcy was discharged.