answersLogoWhite

0


Best Answer

Yes...and depending on many things, like what else they owe to who, and what this judgment is for, will determine if and how much you get paid.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

14y ago

The court certainly tries to protect and get all assets, that includes any money owed the bankrupt, to disburse to creditors.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: You have court papers ordering a person and their business to pay you the money you have loaned to them IF this person files bankruptcy can they claim the amount that they owe you?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What term refers to the amount of money loaned to consumers and businesses?

credit


Is a percentage of the amount loaned which is a charge for the use of the money?

INTEREST =op


Which of these terms refers to the amount of money loaned to consumers and businesses?

credit


What is it called when the government restricts the amount of money that can be loaned to farmers?

Monetary policy


Do you have to pay taxes on interest you get for money you personally loaned to a business?

Sure...under either scenario...if you did it personally or as a business...the interest RECEIVED is income.


Does a personal loan have to be in writing?

If you plan on getting the full amount back that you loaned out.. Yes it has to be in writing


Can my husband's brother get out of paying us 48000.00 we loaned him if he files bankruptcy?

Possibly. It depends on the terms of the loan and the type of bankruptcy he files. You should meet with a lawyer to find out what, if anything, can be done to protect the loan. You may need to get a judgment and attach to property.


What were Marley and Scrooge employed as?

They owned a merchant business, rented properties and loaned money all for profit


Find the amount John owes at the end of 6 years if $5500 is loaned to her at a rate of 4% compounded monthly. The amount owed is?

7445


What is a mortgage interest rate?

In short the interest rate is the amount in percentage charged on your capital amount of your mortgage to you pay in addition to the actual amount loaned for the purchase of your house.


Solo Savings Bank received an initial deposit of 6000 It kept a percentage of this money in reserve based on the reserve rate and loaned out the rest The amount it loaned out was eventually all dep?

3% apex answer


What happens after a foreclosure?

Foreclosure is the legal process whereby a mortgage company takes your home back from you and sells it to recoup the money they loaned to you. if you intend not to foreclose it better file bankruptcy from the experts