Bankruptcy Law: Aurora’s asked in Bankruptcy for Colorado

Question: If a company failed to fulfill an order I placed and paid for, then files for bankruptcy, can I still sue them to get my money back?

 Lawyer Answer

                    

 TIMOTHY CANTY  

•  Bankruptcy Lawyer

•  Evergreen, CO.

•  Licensed in Colorado

       

Get in touch with Lawyer for legal advice via :

• Telephone? 
• Email? 
• View Website?

              

 Answer : Probably not. Assuming they filed a Chapter 7 liquidation, the company's assets will be liquidated and the proceeds distributed according statutory priorities. Creditors are prohibited from trying to collect debts except through the bankruptcy process. You can file a Proof of Claim with the Bankruptcy Court. Depending on the various types of claims filed, you may get something.

*** If this content is helpful, let me know how i can be of help to solve it, 24/7.