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this has been debated before. But here are the basics. They would do CH 11 not a CH 8. Is closing doors and debts pawned off your business seized to exsist. CH 11 is where the court decides the fate of your bad debts and you clean house. These are the basics, dont quote me on more than that. Now theres speculation if it will affect production. CH 11 is more of formailty then reality their production wouldnt stop. But some say outside suppliers wouldnt supply parts on a credit basis to GM, thus slowing production. In my opinion GM will have cash to buy parts, or the GM name will keep them in the graces of suppliers.
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