![](https://www.essaymill.net/wp-content/uploads/2017/12/Non-AI.png)
![](https://www.essaymill.net/wp-content/uploads/2017/12/Order-Now.png)
What are the major types of bankruptcy? Explain the basic purposes and procedures of each major type of bankruptcy? Discuss what happens to a debtor’s assets and liabilities during bankruptcy? What debts are not dischargeable in bankruptcy? What would you recommend a creditor do to protect itself from a debtor filing bankruptcy? What are the consequences of filing bankruptcy? Finally, give examples of notable companies that filed bankruptcy and discuss what happened to those companies?
*Please refer to the Grading Criteria for Comprehensive Learning Assessments (CLAs) on page 10 of the syllabus for specific guidelines and expectations