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Posted on 03-04-2008
Filed Under (Bankruptcy) by admin
canionboyd asked:
My family, along with their company, is being sued for nearly $2M. We, along with the company, will have to file for bankruptcy. Does bankruptcy protect some of our cash to live on, and what assets do courts typically expect to be sold off to pay the lawsuit assuming all other debts are paid?
My family, along with their company, is being sued for nearly $2M. We, along with the company, will have to file for bankruptcy. Does bankruptcy protect some of our cash to live on, and what assets do courts typically expect to be sold off to pay the lawsuit assuming all other debts are paid?
Comments
magnolia on 6 April, 2008 at 1:43 pm #
Review this site. It will answer a lot of your questions.