Entrepreneurship

Can I Obtain a New Loan While I am in Bankruptcy?

01/10/12

New Debt in Bankruptcy? Often individuals in a Chapter 13 Bankruptcy ask if they can take on new debt during the years they are under a Plan of Reorganization. Either the car lease is up or a mortgage modification would help improve cash flow. You can incur new debt in Chapter 13 but you have [...]

[more]

MF Global company headed by former New Jersey Governor Jon Corzine files bankruptcy owing billions.

11/04/11

MF Global filed bankruptcy amid allegations of misconduct followed shortly by the resignation of former New Jersey Governor and U.S. Senator from his Chairman and CEO position at MF Global. The former Goldman Sachs executive could not save a troubled business that owes more than a billion dollar to Chase, about a billion to Deutsche [...]

[more]