Sunday March 26 , 2017

Bankruptcy records online

The largest bankruptcy in U.S. history happened on September 15, 2008, when Lehman Brothers Holdings Inc. petitioned for Chapter 11 security with more than USD$639 billion in resources.

The 20 largest corporate bankruptcy are as follows

Company Bankruptcy Date Total Assets Pre-Bankruptcy Description
Lehman Brothers Holdings, Inc. 9/15/2008 $691,063,000,000 Investment Bank
Washington Mutual 9/26/2008 $327,913,000,000 Savings & Loan Holding Co.
Worldcom, Inc. 7/21/2002 $103,914,000,000 Telecommunications
General Motors 6/1/2009 $82,290,000,000 Manufactures & Sells Cars
CIT Group 11/1/2009 $71,000,000,000 Banking Holding Company
Enron Corp. 12/02/2001 $65,503,000,000 Energy Trading, Natural Gas
Conseco, Inc. 12/17/2002 $61,392,000,000 Financial Services Holding Co.
Chrysler 4/30/2009 $39,300,000,000 Manufactures & Sells Cars
Thornburg Mortgage 5/01/2009 $36,521,000,000 Residential Mortgage Lending Company
Pacific Gas and Electric Co. 4/06/2001 $36,152,000,000 Electricity & Natural Gas
Texaco 4/12/1987 $34,940,000,000 Petroleum & Petrochemicals
Financial Corp of America 9/09/1988 $33,864,000,000 Financial Services & Savings and Loans
Refco 10/17/2005 $33,333,000,000 Brokerage Services
IndyMac Bancorp 7/31/2008 $32,734,000,000 Bank Holding Company
Global Crossing 1/28/2002 $30,185,000,000 Global telecommunications Carrier
Bank of New England 1/07/1991 $29,773,000,000 Interstate Bank Holding Company
General Growth Properties 4/16/2009 $29,557,000,000 Real Estate Investment Company
Lyondell Chemical 1/06/2009 $27,392,000,000 Global Manufacturer of Chemicals
Calpine 12/20/2005 $27,216,000,000 Integrated Power Company
New Century Financial 4/02/2007 $26,147,000,000 Real Estate Investment Trust
UAL Corporation 12/09/2002 $25,197,000,000 Airline
Delta Air Lines 9/14/2005 $21,801,000,000 Airline

Courtesy - Wikipedia

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