Legal Question in Bankruptcy in California
Debt obligation/bankruptcy
I owe a structured payment to a major
company that just filed for Chapter
11...Do I still owe them that money?
3 Answers from Attorneys
Re: Debt obligation/bankruptcy
Yes.
Re: Debt obligation/bankruptcy
Yes, you still owe them the obligation, and I would suggest that its even more important to pay timely as the US Trustee is now involved in the operation of their business.
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Re: Debt obligation/bankruptcy
Yes.