Can anyone answer these questions?
First, let me say that I feel for those who had stock in Sirius, if Sirius truly does declare bankruptcy. I encountered a situation similar some years back and that is why I now steer clear of the stock market OR I am extremely ………… and I mean extremely conservative.
My “free” subscription which came with our vehicle officially expires on 2/28/2009. Based on what I had learned on this forum in the past, I had decided I was going to renew with the “lifetime” subscription during the last part of February.
Now, with bankruptcy pending, what should one do? If bankruptcy is announced, are subscribers safe? Will all types of subscriptions be honored, no matter what the length? If anyone knows the legal answer to these concerns, I would be appreciative.