Chapter 7

The chapter 7 law of bankruptcy aims at giving a fresh start to a person who is too heavily burdened with debt to discharge it in a normal manner. Since chapter 7 completely wipes out his debts, it is also known as a liquidation bankruptcy, as opposed to chapter 13, which is known as repayment […]

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How Poor Business Ethics Led To The Collapse Of Enron Ethics

The Enron Corporation was one of the largest companies which sold electricity and natural gas, distributed energy and other services like bandwidth interest connection and provided risk management and financial services to consumers the world over. This company became rich because of its initiative marketing and endorsement of power and communications bandwidth services and risk […]

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