The trustee estimates that it will cost between $ 50,000 and $ 100,000 to litigate the Stone
Street claims in bankruptcy court versus $ 150,000 to $ 300,000 in state court.
Author / Speaker: «Recent Developments
Regarding Claims in Bankruptcy,» ABA Business Law Section, Task Force of Current Developments in Bankruptcy, Fall 2008 (and panel speaker)
And we also have a roster of bankruptcy litigators, who can
pursue claims in bankruptcy or take necessary steps to collect on judgments won through litigation.
The concept of
a claim in bankruptcy can be misunderstood by a layman not familiar with the use of the legal term within this context.
As to how the court handles
a claim in bankruptcy, there are three different types of claims that can be paid during the process.
A claim in bankruptcy must be made by all creditors wanting to get paid during the process.
A claim in bankruptcy is a formal written assertion by a creditor of their right to a payment from the debtor during the process.
Your creditors will also be notified so that they can make
a claim in your bankruptcy or vote in your proposal.
The spouse owed back support payments can make
a claim in the bankruptcy and receive their share of any «dividend» paid from the estate.
Though card holders legally have the right to assert a creditor's
claim in bankruptcy, as this post notes, filing a claim is likely a worthless endeavor.
«Will
Your Claim in Bankruptcy Withstand the Test?»
His practice includes shareholders» disputes, directors» duties disputes,
claims in bankruptcies, liquidations, administrations, disputed winding ups and related claims.