Legal Question in Bankruptcy in New Jersey
Bankruptcy
I owe money to a company that just filed chapter 11. Do I still need to pay them?
Asked on 11/04/07, 7:18 am
1 Answer from Attorneys
Stephen Starr
Starr & Starr, PLLC
Re: Bankruptcy
The filing of a bankruptcy case by a company does not eliminate creditors' obligations to pay debts to the company.
For general information regarding chapter 11 business bankruptcy please feel free to visit the Frequently Asked Questions (FAQs) on our website at www.starrandstarr.com/faqs.htm
The foregoing is intended as general information of interest to viewers of this web site. You should consult with an attorney regarding the rights and remedies applicable to your specific situation.
Best regards,
Answered on 11/04/07, 5:41 pm