I get this question frequently in my office. I found a recent blog post by Attorney Peter Orville of New York that explains it very well:
http://www.bankruptcylawnetwork.com/2009/04/30/if-chrysler-can-file-bankruptcy-why-cant-i/
(270) 651-7777
johnrogers@glasgow-ky.com
111 West Wayne St., Glasgow, KY
Certified, Consumer Bankruptcy Law, American Board of Certification
(270) 651-7777
johnrogers@glasgow-ky.com
111 West Wayne St., Glasgow, KY
I get this question frequently in my office. I found a recent blog post by Attorney Peter Orville of New York that explains it very well:
http://www.bankruptcylawnetwork.com/2009/04/30/if-chrysler-can-file-bankruptcy-why-cant-i/