Legal Question in Bankruptcy in Texas

lawsuite

if someone sue's me and I file bankruptcy, am i still liable to pay?


Asked on 10/04/07, 1:38 pm

1 Answer from Attorneys
Keith Engelke Law Office of S. Keith Engelke

Re: lawsuite

Generally no. However some debts are not dischargeable in bankuptcy. For example, if you murder someone, a wrongful death action is not dischargeable in bankrupcty. Also, if you owe money and have pledged collateral to pay the loan, you will still have to pay that person the value of that collateral or lose the collateral.

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Answered on 10/04/07, 6:49 pm


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