New Mexico Court Reminds that Prosecuting Prepetition Claims in Bankruptcy May Still Violate the Automatic Stay

Claud Mccoid

There is far more than a single way that a creditor of a bankrupt entity (or debtor) can right prosecute its statements in individual bankruptcy. If the creditor is involved in prepetition litigation with the debtor, it could request reduction from the automatic keep to carry on liquidating its assert versus the debtor in a non-individual bankruptcy forum, pursuant to eleven U.S.C. § 362(d)(one)….
By: Dorsey & Whitney LLP

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Bing Locations For Business

Don’t be afraid to ask for assist throughout this process — and remember to have slightly fun whereas you’re placing in the work. Business checking accounts typically do not have a limit on the number of transactions that can happen, and problem a debit card that can be utilized for […]