bankruptcy future earnings
Judge Won’t Forgive $80 Million Chrysler Debt
Former Minnesota auto magnate Denny Hecker won’t be getting any relief from his $80 million debt to Chrysler Financial. Hecker stood up and cursed in court Wednesday after U.S. Bankruptcy Judge Robert Kressel refused to forgive the debt. It means Chrysler can claim any future earnings by Hecker. Kressel says that as he reviewed incomplete evidence from Hecker, it became clear Hecker “just lied.”
