Jon learned the hard way that it’s not wise to mix the monies and use credit to fund purchases. Check out his story!
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Originally posted 2008-10-30 10:30:25.
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Category Archives: Bankruptcy
Business Money and Personal Money Don’t Mix
Tuesday, March 9th, 2010
Pension Agency to Go to Court vs Delphi and GM
Monday, March 8th, 2010
Excerpt: "The U.S. government’s pension insurance agency has told bankrupt auto parts maker Delphi Corp (DPHIQ.PK: Quote, Profile, Research, Stock Buzz) it would go to court on Friday to secure a claim on an additional $900 million in Delphi assets, The Wall Street Journal said." (Reuters)
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Originally posted 2008-09-12 04:31:20. [...]
Employees of Bankrupt Companies Have Employee Benefits’ Homework
Friday, February 26th, 2010
Excerpt: "While unemployment can be stressful, employees laid off due to the bankruptcy of their employer’s firm should be prepared for some additional homework. In particular, employees receiving pension or health benefits must investigate how those benefits may be affected. Most firms will either file a bankruptcy under Chapter 11 of the Bankruptcy Code (a [...]