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Question about GM bankruptcy and warranty?

It's being reported that GM is going to file for Chapter 11 bankruptcy next week. My wife bought a new 1500HD Silverado in 2007 and she also bought the 4 year extended factory warranty which is underwritten by the GMAC insurance group. Is there a bankruptcy


It's my understanding that the federal government has said it would stand behind a new car's warranty if the company, whoever it is, goes belly up.

GM/Chrysler bankruptcy: What it means to the consumer

MSNBC's Alex Witt talks to Lou Ann Hammond, CEO, carlist.com about General Motors and Chrysler car owners. What does bankruptcy mean to you if ...

bankruptcy chrysler extended warranties - Bookshelf


West's bankruptcy reporter West's bankruptcy reporter

However, Chrysler has not accepted the terms of the plan with respect to its secured claim in the value of the extended warranty service contract, ...