YOST LAW BLOG

How Does Bankruptcy Affect Civil Cases?

How Does Bankruptcy Affect Civil Cases?

Finance companies, mortgage companies, and other creditors will do almost anything to collect the money owed to them. Bankruptcy stops these lawsuits and gives distressed debtors an opportunity to restructure debts and/or work out payment plans. However, courts are very clear that bankruptcy is a shield, not a sword. Courts typically use this phrase in...

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