Finance Refinancing After Bankruptcy

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Jean-Baptiste Colbert - Jean-Baptiste Colbert (August 29, 1619 – September 6, 1683) served as the French minister of finance for 22 years under King Louis XIV. He achieved a reputation for his work of improving the state of French manufacturing and bringing the economy back from the brink of bankruptcy.

Seniority (financial) - In finance, seniority refers to the order of repayment in the event of bankruptcy.

Financial distress - Financial distress is a term in Corporate Finance used to indicate a condition when promises to creditors of a company are broken or honored with difficulty. Somtimes financial distress can lead to bankruptcy.

Trustee in bankruptcy - A trustee in bankruptcy ("TIB"), in United States bankruptcy law, is a person appointed by the Bankruptcy court to oversee the distribution of the assets of a bankrupt to his creditors. The TIB is usually an attorney with some expertise in the area of bankruptcy law, and is paid a percentage of the funds available in the estate of the bankrupt.

Suggested Web Sites

Loansolver - Loansolver Provides debt consolidation, refinancing and loans specializing in arrears, poor credit ratings and bankruptcy.

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