civil lawsuits
can i be liable for a civil lawsuit after filing bankruptcy?
Posted from: Ontario
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can i be liable for a civil lawsuit after filing bankruptcy?
Posted from: Ontario
Perhaps – it depends on why you are being sued and what the date of the “critical event” was that forms the basis for the suit. If you are being sued and you haven’t already filed for bankruptcy (or a proposal) you should speak to a lawyer BEFORE you contact a trustee. If you have already filed for bankruptcy then you should speak to your trustee BEFORE you speak to a lawyer.
In most cases, civil suits that are a result of some event or action that occurred prior to the date a person files for bankruptcy are treated just like any other debt (the bankruptcy will deal with them for you).