Legal Question in Bankruptcy in New York

if your supplier and creditor goes 11 or 7

do i have to pay them or can i bargin it down? i'm a straight c corp


Asked on 8/06/03, 12:24 pm

1 Answer from Attorneys
Andrew Nitzberg Andrew Nitzberg & Associates

Re: if your supplier and creditor goes 11 or 7

This is an easy question: you have leverage in the form of making a claim on the bankruptcy estate, otherwise your debt (what you owe the supplier) will be assigned to another creditor and you will be asked to pay in full. This must be handled! You are welcome to a consultation at no fee at my offices at 42 west 44th st., NY,NY. Please call for an appointment first. (646) 591-5786

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Answered on 8/09/03, 9:41 pm


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