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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?
@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.