With so many bailouts by our government to auto manufactures, one cannot help but wonder, if the vehicles that are been produced are safe for the consumers in general. The government is bailing out the industry, but who would bail out the consumers?
According to the associated press, GM and Chrysler, which employ about 140,000 workers in the U.S., have to submit completed restructuring plans, but neither company is expected to finish its work. GM owes roughly $28 billion to bondholders. Chrysler owes about $7 billion in first- and second-term debt, mainly to banks. GM owes about $20 billion to its retiree health care trust, while Chrysler owes $10.6 billion.
With all of these crisis, who is monitoring the automakers products? How many lives are going to be at risk? Nevertheless, its a good thing that our law firm can help the families of those that have been damage, could be damaged, and will be damage by the poor quality of vehicles placed on the market by the automakers.
The Baez Law Firm, P.C. is committed to help those who have suffered from some one's negligence, either by manufacturing or simply by lack of safety standards implemented.
If you, or some one you love has suffered by the negligence of others, please contact our law firm today. Our attorneys are here to help you during this difficult times.
According to the associated press, GM and Chrysler, which employ about 140,000 workers in the U.S., have to submit completed restructuring plans, but neither company is expected to finish its work. GM owes roughly $28 billion to bondholders. Chrysler owes about $7 billion in first- and second-term debt, mainly to banks. GM owes about $20 billion to its retiree health care trust, while Chrysler owes $10.6 billion.
With all of these crisis, who is monitoring the automakers products? How many lives are going to be at risk? Nevertheless, its a good thing that our law firm can help the families of those that have been damage, could be damaged, and will be damage by the poor quality of vehicles placed on the market by the automakers.
The Baez Law Firm, P.C. is committed to help those who have suffered from some one's negligence, either by manufacturing or simply by lack of safety standards implemented.
If you, or some one you love has suffered by the negligence of others, please contact our law firm today. Our attorneys are here to help you during this difficult times.
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