Legal Question in Bankruptcy in Illinois
can we force a minority contractor into involuntary bankruptcy? Contractor had a government contract and subbed us out for service work, he got paid and will not pay us?
Asked on 8/19/09, 10:41 pm
1 Answer from Attorneys
Adam S. Tracy
Securities Compliance Group Ltd
It is possible to force a third party into a bankruptcy. However, it requires three creditors in order to do so. Do you have three creditors willing to sign the petition? Please feel free to contact me with further questions; [email protected]
Answered on 8/25/09, 8:57 am
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