Who can fund big files that have personal BK
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  1. #1
    Senior Member Reputation points: 5448
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    Who can fund big files that have personal BK

    I have a client doing a mil a month in personal BK. Where would you send?
    Charles Frazier
    President
    Sapphire Capital Group
    p: 917-781-2232
    m: 917-783-5634
    w: www.Sapphirecapgroup.com

  2. #2
    Senior Member Reputation points: 91418
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    upstart.com

  3. #3
    how long ago was the bk? I'd be willing to look at it.
    Captain Funds
    646-851-0400
    submissions@captainfunds.com

  4. #4
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    Is the BK still open?
    Eli S.
    FOx Business Funding
    Iso manager
    347. 562. 8796
    elis@foxbusinessfunding.com


  5. #5
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    Quote Originally Posted by LondonNyc View Post
    Is the BK still open?
    He is in personal BK now
    Charles Frazier
    President
    Sapphire Capital Group
    p: 917-781-2232
    m: 917-783-5634
    w: www.Sapphirecapgroup.com

  6. #6
    Cooper funds files where there is an open 13. The exceptions are if they just filed or are a serial filer.

    How long has he been paying on the plan?

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

  7. #7
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    Quote Originally Posted by BB_Cooper View Post
    Cooper funds files where there is an open 13. The exceptions are if they just filed or are a serial filer.

    How long has he been paying on the plan?

    Robert S Bloink
    EVP of ISO Partnerships
    Direct: 248-341-9477
    Email: bb@cooperasset.com
    Web: www.cooperasset.com
    Its personal BK Chapter 11 and its still open so payments havent started yet
    Charles Frazier
    President
    Sapphire Capital Group
    p: 917-781-2232
    m: 917-783-5634
    w: www.Sapphirecapgroup.com

  8. #8
    Quote Originally Posted by Wheetie View Post
    Its personal BK Chapter 11 and its still open so payments havent started yet
    If it's a Chapter 11, its a business bankruptcy case, not a personal Ch 13.

    Funding a Ch 11 requires Court Approval, as Debtor In Possession(DIP) financing. Never heard of BK CT approving an MCA or anything similar-

  9. #9
    Senior Member Reputation points: 26419
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    Quote Originally Posted by BB_Cooper View Post
    Cooper funds files where there is an open 13. The exceptions are if they just filed or are a serial filer.

    How long has he been paying on the plan?

    Robert S Bloink
    EVP of ISO Partnerships
    Direct: 248-341-9477
    Email: bb@cooperasset.com
    Web: www.cooperasset.com
    lol i read that as serial killer

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