Bankruptcy Case Summaries – September 2013
1.) Sheet Metal Workers’ National Pension Fund v. Collins and Walton Plumbing and Heating Contractors, Inc., 2013 U.S. Dist. LEXIS 84812 (W.D.N.Y., June 17, 2013): Can a district court sever a plaintiff’s claim against a bankrupt debtor to allow the plaintiff to continue the litigation against the non-debtor party? The Plaintiff filed its action […]
Bankruptcy Overview and FAQ
“I’VE GOT MORE DEBT THAN I CAN HANDLE AND I NEED HELP” Options: Bankruptcy: Chapter 7 or Chapter 13 Settlement: Time Payment (CCCS) / Debt Settlement in lump sum Do Nothing: You may not be subject to enforcement process Bankruptcy: “Petition” Federal Court for “Relief” under the Bankruptcy Code to get a […]
