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OC filing for bankruptcy!

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sixfour1
Established Member

OC filing for bankruptcy!

I just received a letter stating that the parent company for TXU a local energy provider is filing for bankruptcy.  I have an outstanding old debt with them.  Does anyone know if this bankruptcy will affect this debt? Does this affect my negotiations with the current debt holder?


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gdale6
Moderator Emeritus

Re: OC filing for bankruptcy!


@sixfour1 wrote:

I just received a letter stating that the parent company for TXU a local energy provider is filing for bankruptcy.  I have an outstanding old debt with them.  Does anyone know if this bankruptcy will affect this debt? Does this affect my negotiations with the current debt holder?


Its a Chapter 11 re org filing so no it doesnt affect the debt nor your negotiations.

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