Well, at least I get something in a business bankruptcy, right?

getting something business bankruptcy

Well, at least I get something in a business bankruptcy, right?

Not necessarily. The bankruptcy court may determine that stockholders don’t get anything because the debtor is insolvent. (A debtor’s solvency is determined by the difference between the value of its assets and its liabilities.) If liabilities are greater than assets, your stock may be worthless.

(Reviewed 11.10.08)

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