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What is the difference between Bankruptcy and Bankruptcy Protection that I hear in the news recently?

by finance editor

In recent news, companies could be forced to Bankruptcy. Is this the same as "companies can be forced into Bankruptcy Protection"?

I thought Bankruptcy protection is "PROTECTION" against Bankruptcy?

January 15, 2010 3 Comments

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What is the difference between Bankruptcy and Bankruptcy Protection that I hear in the news recently?

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