Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: DB

In general I don’t think bankruptcy gets you out of court judgement.


You think wrong.

The prevailing party simply become a creditor, and gets in line behold the others. (after the secured creditors take the assets pledged as security.)


57 posted on 05/21/2012 9:45:19 PM PDT by Atlas Sneezed (Hold My Beer and Watch This!)
[ Post Reply | Private Reply | To 9 | View Replies ]


To: Beelzebubba

In general I don’t think bankruptcy gets you out of court judgement.


You think wrong.

The prevailing party simply become a creditor, and gets in line behold the others. (after the secured creditors take the assets pledged as security.)
****
Whether the judgment is dischargeable in bankruptcy depends upon the nature of the judgment, and whether the creditor objects to the discharge or dischargeability of the debt. Judgments for fraud are generally subject to non-disschargeability, while most other debts are dischargeable. Not sure about copyright infringement.


89 posted on 05/22/2012 7:31:29 AM PDT by NCLaw441
[ Post Reply | Private Reply | To 57 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson