I Am A Creditor. Does This Mean I Lose?
While our prior articles have focused on debtors’ rights in bankruptcy, this week we will shift focus to creditors. I am frequently asked the same question by clients, friends, family members, and neighbors alike: If someone owes me money and then fi les for bankruptcy, will I ever see the money again? Am I up the creek without a paddle? Is there any recourse for recovering what I’m owed?