September 13th, 2007 by Questions
If when served by a Statement of Claim – I hired a Lawyer to file things to block and delay the creditor from obtaining Judgement – Could that hurt me in a Bankrutcy proceeding?
September 14, 2007 at 12:19 pm, Barton Goth GCO Bankruptcy Trustees said:
The only real way this could hurt you if it was done frivolously.
If you are choosing to delay simply to be a nuisance and a bankruptcy is inevitable than yes you could be doing more harm than good. The ultimately comes down to a question of what is trying to be accomplished, and as long as there is a commercially reasonable reason as to why you are blocking judgement than you should not have any need to worry.
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