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  1. #1

    Can Anyone Fund An Open Bankrupty Chapter 13 // Plastic Surgeon With Great Cash Flow?

    Can Anyone Fund An Open Bankrupty Chapter 13 // Plastic Surgeon With Great Cash Flow ????

    Is There Any Lender Whom Will Fund A Client, Excellent Plastic Surgeon, Whom Filed Chapter 13 Bankruptcy In 2011----As He Has A Payment Plan In Good Standing. Also, He Deposits Nearly $200,000 Per Month With A Credit Score Of 650.

  2. #2
    How much he is looking for?

  3. #3
    Senior Member Reputation points: 81655
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    Generaly a Chapter 13 is not longer than 5 years - but, is there commercial property?
    Sufficient Cash Flow / Profit to mange an additional debt payment?
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  4. #4
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    Quote Originally Posted by DOLLAR2DOLLAR View Post
    Can Anyone Fund An Open Bankrupty Chapter 13 // Plastic Surgeon With Great Cash Flow ????

    Is There Any Lender Whom Will Fund A Client, Excellent Plastic Surgeon, Whom Filed Chapter 13 Bankruptcy In 2011----As He Has A Payment Plan In Good Standing. Also, He Deposits Nearly $200,000 Per Month With A Credit Score Of 650.
    Merchant Cash Group: isosupport@merchantcashgroup.com

  5. #5
    Senior Member Reputation points: 62986
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    Quote Originally Posted by Yankeeman07 View Post
    Generaly a Chapter 13 is not longer than 5 years - but, is there commercial property?
    Sufficient Cash Flow / Profit to mange an additional debt payment?
    Agreed on the 5 year part, but technically wouldn’t he need permission from the BK trustee to take on additional debt?

  6. #6
    Quote Originally Posted by sigmundpannu View Post
    Agreed on the 5 year part, but technically wouldn’t he need permission from the BK trustee to take on additional debt?
    Not if his practice has always operated through a separate LLC or Corp this would not be considered Debtor In Possession(DIP) financing, so BK Court approval is not required. Cooper has funded many these type Ch 13 deals over the years-

    Robert S Bloink
    EVP of ISO Partnerships
    Direct: 248-341-9477
    Email: bb@cooperasset.com
    Web: www.cooperasset.com

  7. #7
    We can definitely take a look at that. I sent a direct message to you.

  8. #8
    Senior Member Reputation points: 337045
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    Quote Originally Posted by sigmundpannu View Post
    Agreed on the 5 year part, but technically wouldn’t he need permission from the BK trustee to take on additional debt?
    Yes
    Hedley Lamarr......That's Hedley

  9. #9

    THANK YOU SOOOO MUCH, ......Everyone !!!! Thank You .....

    Quote Originally Posted by Kevin Henry-Seacoast View Post
    Yes
    Thank You So Very Much To Everyone!!!!!

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