But bankruptcy has been described by those who pass through it as a world of pain and regret, and skeptics question whether the developing plans for bankruptcies at the cash-strapped automakers could hit unforeseen snags down the road. “They could get delayed in kind of a knock-down, drag-out bankruptcy with every problem they have,” said Roger Frankel, chairman of the restructuring group at law firm Orrick, Herrington & Sutcliffe LLP, who is not advising the automakers.

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