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General Motors' bankruptcy plan includes the sale of healthy assets to a new company, owned by U.S. government, a source said on Tuesday, according to Reuters. * Bankruptcy plan includes proposal for labor, old unsecured creditors to get stock in new company: source * Secured creditors claims will transfer to new company-source * Plan calls for U.S. to extend credit line to new company; Treasury to forgive bulk of $15.4 billion of loans: source * Plan calls for Fritz Henderson to be CEO of the new GM: source CommentsLeave a comment |
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Debt management plan--Debt management plan
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Debt relief isn't considered as a pandemic cause it's acceptable to acquire. And it's not contagious. You will have to think more about it.
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