A few questions on the Dutch Revolt

Trying to tinker with a possible TL with a PoD around the revolt, and ended up with a few question that need answering before I plow along further. Mainly:

1. How much longer than OTL could The Duke of Alba stay governor of the Netherlands in the face of royal pressure?

2. If the Duke of Parma is unavailable at the time, who is the best canidate- or at least, most appealing to the Spanish crown- for governorship of the Netherlands after Luis de Zuniga y Requesens's death in 1576?

3. I read on Wikipedia- a highly reliable resource, I know- that the Spanish crown declared bankruptcy in 1575. Is this true? What would that have entailed back then, and how did the crown manage to raise sufficient funds to pay for anything after that, especially when one remembers the grand Spanish Armada that headed for England scarcely thirteen years after that?

Any help on those subjects on those questions would be much appreciated. Also, it's three o'clock in the morning here, so please try to forgive any strangeness that may be in the post. I'm too tired to reread it all at the moment.
 
A bump with legit content!

Would Alvaro de Bazan have been a likely alternative choice for governor of the Netherlands in the late 1570s? Would he have been moderate with the Protestants, or is he more likely to be harsh on them?
 
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