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Yes of course...their BK protects THEM from THEIR creditors...not others from not paying them! Duh. In fact, as the BK company now has the court protecting it, and helping it and it's creditors do everything possible to secure all the Cos assets (your debt is their asset) to distribute and pay the Cos creditors....it will be harder to not pay them now as they have the law, and many interested parties on their side. Just like before the BK, your loan (like any assset) maybe sold by them (and in fact may actually be owned by another already, you just don't know it and they are just "servicing" it for that other), you have no say or interest in it. Your obligation remains the same - repay the money you borrowed as agreed or face legal action.

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16y ago

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