CHERRY HILL
856-254-2196
PHILADELPHIA
215-647-9891
MAPLE SHADE
856-254-2196
WILLINGBORO
856-254-2196
SICKLERVILLE
856-254-2196
TOLL FREE
800-759-0767
CHERRY HILL
856-254-2196
PHILADELPHIA
215-647-9891
MAPLE SHADE
856-254-2196
WILLINGBORO
856-254-2196
SICKLERVILLE
856-254-2196
TOLL FREE
800-759-0767
Some people will file for Chapter 13 bankruptcy because their income is too high to qualify for Chapter 7 proceedings or because they have valuable property that they don’t want to risk losing in the bankruptcy process. Chapter 13 Bankruptcy does not require the liquidation of your personal property but will instead necessitate a repayment plan.
Are you now prevented from suing. If there is no bankruptcy, then the answer most times would be yes. However, section 108 of the bankruptcy code states that if the statute of limitations has not expired when the bankruptcy was filed, then the time to sue does not end until the later of when it normally would have run out (2 years) OR 30 days after the automatic stay ends. So in this example, you could still proceed with the lawsuit as long as you file within 30 days of getting the permission tp proceed
The Coronavirus has taken its toll on numerous and diverse businesses. Retailers and restaurants are two of the businesses that have been hit the hardest. On December 5, 2022 Bertucci’s Brick Oven Pizza & Pasta filed a Chapter 11 bankruptcy.
