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Blocking Creditors

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?

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One Response to “Blocking Creditors”

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.