Your assets are not frozen as soon as a lawsuit is filed. However, the summons you are served will advise no to use the disputed assets until the case is over.
No. They aren't.
Lawsuit has to be filed within 2 years from the date of the accident/ incident.
The court where the lawsuit is filed must have jurisdiction. One of the persons in the lawsuit must either reside there, or the cause of the lawsuit had to occur there.
If you have filed bankruptcy because you cannot afford to pay your debts, a lender will not loan you money to purchase a house and it just doesn't make sense. You cannot continue to acquire assets while your assets are frozen and in the possession of the trustee in bankruptcy in a bankruptcy proceeding.
Dred Scott
The NAACP filed a class action lawsuit on the behalf of Linda Brown and her family.
The estate of the decedent is responsible for paying the judgment in any lawsuit against the decedent. When notice of the lawsuit has been filed in the estate the Administrator would be responsible for maintaining the assets until the lawsuit has been resolved. No distribution can be made to beneficiaries until the debts of the estate are paid. The Administrator can be held liable if they distribute assets before debts are paid.
She filed a lawsuit against the company for wrongful termination.
The bankrutpcy court can take jurisdiction of almost any case, and the trustee can decide if the settlement is fair. If it is for the benefit of the BK estate, the lawsuit is part of the assets he controls.
The complaint is the original document filed to create a lawsuit. Once the complaint is filed, it is served on the defendant, and the lawsuit has begun.
The company filed a lawsuit against their former employee for breach of contract.
It means that the actions necessary to file a lawsuit have been started, but the lawsuit has not been filed as of yet.