This week,CIT,a lender to small and medium sized businesses, sought bankruptcy protection from its creditors so it can reorganize.
VOA: special.2009.11.06
The big three automakers - General Motors, Ford and Chrysler - told Congress that they needed loans or they faced bankruptcy.
VOA: special.2009.01.02
The Lehman Brothers bankruptcy on September fifteenth was a shock to the system, but not the only one.
VOA: special.2009.09.18
Chrysler declared bankruptcy on April thirtieth, though its plans to leave the process quickly still await final rulings.
VOA: special.2009.06.05
For example: giving bankruptcy court judges new powers to reduce mortgages without lender approval -- so-called cramdowns.
VOA: special.2009.02.20
Bankruptcy laws will protect the company from legal action while it continues operations and reorganizes its finances.
VOA: special.2009.05.01
With over 600 billion dollars in debt, Lehman's failure was the largest bankruptcy in United States history.
VOA: special.2009.01.02
Judge Ninfo says he often sees people in their late twenties seeking bankruptcy protection in court.
VOA: special.2009.04.10
Two of the big three American automakers filed for bankruptcy after suffering sharp drops in sales.
VOA: special.2010.01.02
He says the combination of credit card debt and big student loans is burying young people in debt and driving many of them to bankruptcy.
VOA: special.2009.04.10
Some papers have recently closed or declared bankruptcy or reduced their operations.
VOA: special.2009.04.20
The bankruptcy is America's fourth largest, but the largest for a manufacturer.
VOA: special.2009.06.05
Capmark Financial Group said it might seek bankruptcy protection from its creditors.
VOA: special.2009.09.04
Mister Obama also said Chrysler will seek bankruptcy protection in court.
VOA: special.2009.05.01
The cuts may be the only hope to avoid declaring bankruptcy.
VOA: special.2010.05.07
Chrysler and General Motors sought bankruptcy protection from their creditors.
VOA: special.2010.01.01
But lately bankruptcy became less and less of a surprise.
VOA: special.2009.06.05
John Ninfo is a bankruptcy judge in Rochester,New York.
VOA: special.2009.04.10
This week, General Motors went to bankruptcy court.
VOA: special.2009.06.05
In June,General Motors filed for chapter eleven bankruptcy.
VOA: special.2009.10.09
Some newspaper companies have recently sought bankruptcy protection.
VOA: special.2009.03.21
The city came close to declaring bankruptcy.
VOA: special.2009.07.13
Those payments were being made as the floundering company received billions of dollars in government aid to avoid bankruptcy.
VOA: standard.2009.03.16
A bankruptcy filing would allow a judge to decide how much creditors would get while Chrysler continues to build cars.
VOA: standard.2009.04.30
Hungary was the first European Union member state to receive international financing to avoid bankruptcy during the global credit crunch.
VOA: standard.2010.05.29
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