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Absolutely! Thier, or anyones, filing of BK only MAY effect how/when of if they have to handle debts THEY owe...it doesn't change your legal obligations to them...except maybe in that the Federal court and creditors will act quickly and forcefully to collect any debt (to secure any asset) that the company may have to assure it is vailable to pay the debts of the company.

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16y ago

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Related Questions

Can a chapter 7 be filed with an open chapter 13?

A Chapter 7 can be filed with an open Chapter 13.


If someone files chapter 13 in 2004 can chapter 7 now be filed?

if you filed chapter 13 and it was discharged in 2005 can you file chapter 7 in 2009


If Husband and you filed chapter 13 in June but he lost his job in December and now you need to convert to a chapter 7 the only problem is he filed chapter 7 in 2004 can you still file a chapter 7?

You would be able to file for chapter 7 but not your husband.


after a chapter 7 is discharged can you file a new chapter 7, if you had filed a 7 but is not discharge, could you file a 13 to save your home. I am not sure when i filed chapter 7 and i am having trobule with employment due to econemy, been through 2 dif?

Yes, Chapter 13s are filed to try to help individuals from losing their houses.


Can you file again if you filed in may 2005 on chapter 7?

You can file a chapter 13 bk, but NOT another chapter 7.


Can you quit your job before filing chapter 7?

Only if you have filed chapter 6.


In Kentucky How long after bankruptcy can you file chapter 7 and can you file chapter 13 after chapter 7?

You can file bankruptcy again 7 years after the last time you filed.


If you filed chapter 13 bankruptcy and it was discharged can you file chapter 7 bankruptcy now?

Yes.


Can you file bankruptcy more than once?

Yes about every 7 years. * A chapter 7 can be filed 8 years after a previous chapter 7 discharge. A chapter 13 can be filed 4 years after a discharge of a BK 7, 11 or 12 and two years after a discharged 13.


When will a bankruptcy filed 7 years ago expire?

Chapter 7 will stay on credit report for 10 yrs. Chapter 13 for 7 yrs.


Can a judgment be made on a person who has filed chapter 7 bankruptcy?

yes


Can you file chapter 7 eight years from the time it was first filed or from the time in was finalized?

From when the BK was first filed.