How long does it usually take for a company to emerge from bankruptcy protection?
It used to take 6 months to 1 year. Some would drag on for 3 years. Now it can be faster. General Motors and Chrysler were finished in less than 2 months.
How long does it usually take for a company to emerge from bankruptcy protection?
It used to take 6 months to 1 year. Some would drag on for 3 years. Now it can be faster. General Motors and Chrysler were finished in less than 2 months.