Lawsuit judgement versus business bankruptcy
This is a discussion on Lawsuit judgement versus business bankruptcy within the Business Bankruptcy forum, part of the Starting a Business category; If a business has a large lawsuit judgement against them can they declare bankruptcy and wipe it out? Thank you ...
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Jul 6th, 2009, 12:35 AM
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Lawsuit judgement versus business bankruptcy
If a business has a large lawsuit judgement against them can they declare bankruptcy and wipe it out?
Thank you guys, Bob |
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Jul 12th, 2009, 02:23 PM
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#2 |
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Re: Lawsuit judgement versus business bankruptcy
Yes they can normally. But not in some cases of fraud or purposeful wrongdoing.
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