MRU Holdings, Inc. (MRU) is a specialty consumer finance company that facilitates and provides students with funds for higher education. The The Company structures, markets, and performs substantially all aspects of student loan origination, including underwriting and verification, for its student loan programs. All the private student loans are disbursed by Doral Bank, FSB, a federally-chartered savings bank, pursuant to origination agreements with MRU. The Company operates in two reportable segments: MRU and Embark. The MRU reporting segment comprise: Private Student Loans, PrePrime Student and Federal Loans. The Embark reporting segment includes Embark Corp. and Embark Online, Inc. MRU’s wholly owned subsidiaries include, Embark Corp. and Embark Online, Inc. In February 2009, MRU announced the filing of a voluntary petition in the United States Bankruptcy Court for the Southern District of New York seeking relief under Chapter 7 of Title 11 of the United States Code.