"Bankruptcy protection" allow Mtgoxs management a rewrite all their belongings and money to distant relatives, and as a result of the financial balance sheet of the mtgox and its stuff will be ZERO, and then we do not be refund our money!
I am sorry to say my friend you should have been made aware of the risks you were taking when you entered the Bitcoin market. There is still a risk today and there will always be that risk, this is why I never put all my eggs into one basket.