Legal Question in Bankruptcy in California

I have an ex-friend that owes me money but now has claimed chapter 7 bankruptcy. Is this only for say commercial debt to where I can request what they owe me be exempt?


Asked on 2/18/10, 7:01 pm

2 Answers from Attorneys
Michael Stone Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE

You're beat. Never again do anything that could be remotely construed as your trying to collect the debt. Contact a lawyer if: He paid you wages. He defrauded you into loaning him the money (like right before he went bankrupt). Even then it might not be worth it to pursue in bankruptcy court.

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Answered on 2/23/10, 7:15 pm
Carl Starrett Law Offices of Carl H. Starrett II

My colleague Mr. Stone is correct. You have have a short period of time to object to the debtor receiving a discharge. Do nothing and the debt will be discharge, but the it usually isn't worth the cost of pursuing the issue.

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Answered on 2/23/10, 7:42 pm


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