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Bankruptcy Basics – Part 2: Types of Bankruptcy


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A brief review of the three main types of bankruptcy cases for individuals chapters 7, 11, and 13. The most common types of bankruptcy are chapter 7, which are liquidating bankruptcy, and chapter 13 cases, often used by individuals who want to catch up on past due mortgage or car loan payments and keep their assets.

Learn more about bankruptcy at http://www.uscourts.gov/bankruptcy

Duration : 0:4:7

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Harvey Miller Says Lehman May Exit Bankruptcy This Year

Feb. 9 (Bloomberg) — Harvey Miller, a partner at Weil Gotshal & Manges LLP and bankruptcy lawyer for Lehman Brothers Holdings Inc., talks about the outlook for Lehman and the banking industry.
Miller, speaking with Erik Schatzker on Bloomberg Television’s “InsideTrack,” also discusses the U.S. bailout of General Motors Co. and the prospects for municipal bankruptices. (Source: Bloomberg)

Duration : 0:10:6

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Henes Says States Should Be Able to File for Bankruptcy

Jan. 12 (Bloomberg) — Jonathan Henes, a bankruptcy attorney at Kirkland & Ellis LLP, discusses the need for legislation allowing U.S. states to file for Chapter 11 bankruptcy protection.
Henes talks with Margaret Brennan on Bloomberg Television’s “InBusiness.” (Source: Bloomberg)

Duration : 0:5:13

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Bankruptcy Basics – Part 1: Introduction

What is bankruptcy? What happens in a bankruptcy case? Bankruptcy is a legal process that provides relief for individuals who can no longer pay all of their debts. If you are considering bankruptcy, this video will give you basic information about the process, the relief it offers, and how to find the legal help you may need.

Learn more about bankruptcy at http://www.uscourts.gov/bankruptcy

Duration : 0:2:51

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General Motors Re:invent

COMMENTS WILL NOT censored, SO COMMENTS

GM at the end of url add &fmt=18 to see in HQ
New General Motors

Only 4 brands in new Gm: Cadillac, GMC, Buick & Chevy

There are lots of places you can find official information about what’s happening to General Motors right now. In addition to www.gm.com/restructuring, GM has also launched a new website called re:invention. Already stocked with announcements and explanations regarding the company’s filing for Chapter 11 bankruptcy this morning, the website also features a handy, dandy commercial that boils down the essentials to bite-sized, bumper sticker slogans.

The minute-long commercial, which can be viewed after the jump, admits right off the bat that “No company wants to go through this,” and goes on to frame the situation like this: “GM needs to start over in order to get stronger.” Amidst a siezure-inducing barrage of scenes from Americana, the narrator explains in a nutshell that the old way wasn’t working and the new way will be “Leaner, Greener, Faster, Smarter.”

Follow the jump to view the video for yourself and let us know if it gets the right message across about “New GM”.

hope for new GM: http://www.autobloggreen.com/2009/06/01/gm-volt-will-survive-our-bankruptcy/

Duration : 0:1:3

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