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Yes. The trustee in bankruptcy will take over collection of the company's accounts receivable. These are assets of the bankrupt estate that must be managed. Even if the bankruptcy is a complete liquidation (Chapter 7) the assets have got to be collected and paid to the individual creditors of the company.

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Q: The company filed for bankruptcy do you still owe the judgement?
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Do you still owe your debt if the credit card company went bankrupt?

Yes. Unpaid accounts with a company that has filed for bankruptcy are still collectible. Outstanding accounts become part of the bankruptcy proceedings.


If bankruptcy is filed can you still vote?

Of course.


When can you file bankruptcy after you have paid off a bankruptcy?

When you filed for the bankruptcy, you are also declaring total surrender of the business to the hands of creditor. Although, you can still maintain rights of the company, for the sake of proper decorum, it is advised to allow the bankruptcy trustee to work on the survival of the company.


If a creditor obtains a judgment can bankruptcy still be filed?

Yes


Has davids bridal filed bankruptcy?

No, they're still in business.


If you filed chapter 13 and had it dismissed and paid of the debt is there any way to get it off of your credit report?

No. Filing a bankruptcy creates a public record that does not go away because you did not complete the bankruptcy. - once you file and get a case number you have filed for bankruptcy. if you didn't follow through and it got dismissed is regardless. you still filed for bankruptcy and it will still be on your credit report.


Do you still have to pay a car loan if the co-buyer filed bankruptcy?

Yes.


If you have a promissory note from a person who filed for bankruptcy in Texas can you still recover the money you were owed?

No. In fact, if the debt is paid after a bankruptcy has been filed the entire bankruptcy can be considered invalid and all other debtors will be able to demand payment.


Can you fire your bankruptcy lawyer after you have filed?

Yes, but you will still be billed for his or her legal services. And any possible problems with the bankruptcy will be the petitioner's responsibility.


My ex-husband of 8 years filed bankruptcy on a home that I signed a quit claim on but my name is still on the mortgage as a co-debtor will this show as a bankruptcy on my credit report as well?

No the bankruptcy will not show on your credit history unless you filed as well. However, now the mortgage company has the right to come after you in full for the amount owed, since the Court has released him from all obligations.


In what year was the banner mattress company founded?

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Can bankruptcy be removed from your credit report if you filed for Chapter 7 but did not complete the proceedings?

No. A bankruptcy becomes a public record as soon as it is filed. Its the same as any other type of lawsuit. Even if they are dismissed, they will still show up when searching for your name. The fact that a bankruptcy was not completed does not negate the fact that it was filed.