# GM considering filing for chapter 11..

**URL:** <https://forums.speedlife.net/t/gm-considering-filing-for-chapter-11/201856>\
**Category:** PittSpeed Automotive\
**Created:** [February 14, 2009, 8:51pm UTC](https://forums.speedlife.net/t/gm-considering-filing-for-chapter-11/201856 "2009-02-14T20:51:20Z")\
**Posts on this page:** 1\
**Showing post:** 7

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**Author:** ![slowcamaro](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/slowcamaro/32/5975_2.png) [@slowcamaro](https://forums.speedlife.net/u/slowcamaro)\
**Post date:** [February 15, 2009, 9:03am UTC](https://forums.speedlife.net/t/gm-considering-filing-for-chapter-11/201856/7 "2009-02-15T09:03:39Z")

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> [@just a couple pics.](https://forums.speedlife.net/t/just-a-couple-pics/39555/18):
>
> ^^ I understand, but I cannot figure out why the restructuring didn’t come before the loan, or the bankruptcy protection for that matter. Backwards…

why do you not ask the same question about Sirius/xm. I am sure there are reasons that’s why they have some big price attorneys.

I feel the reason is cause they union is being such pricks that they will not make any consignments. this might be the only way to restructure the salaries and employees under the contracts

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