If a company you've got a stake in files for bankruptcy, chances are you'll get back pennies to the dollar. Different bankruptcy proceedings or filings generally give some idea as to whether the average investor will get back all or a portion of his investment, but even that is determined on a case-by-case basis. There is also a pecking order of creditors and investors of who get paid back first, second and last. In this article, we'll explain what happens when a public company files for protection under U.S. bankruptcy laws and how it affects investors.
Read more: An Overview Of Corporate Bankruptcy http://www.investopedia.com/articles/01/120501.asp#ixzz4hLNF4xhV Follow us: Investopedia on Facebook Comments are closed.
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AuthorJoshua Nahas Archives
May 2017
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