Please clarify: Did your wife use a brokerage for the purchase of the bonds? If so, did she receive Form 1099-B?
When a company declares bankruptcy, it doesn't make its bonds worthless. Bankruptcy laws govern how a bond issuer goes out of business or attempts to reorganize its finances.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
