court settlement after bankrupt

August 19th, 2008 by Questions

what happens if you get a court settlement after you go bankrupt

Posted from: Saskatchewan

Questions

One Response to “court settlement after bankrupt”


, Barton Goth - Goth & Company Inc. - Bankruptcy Trustees said:

In most cases the settlement is lost (i.e. is paid into the trustee and in turn divided amoungst the general body of your unsecured creditors). The only exceptions to this are if the settlement is relating to personal injury or pain and suffering.

Please post a follow up comment below:

(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)