Your Commercial Debtor Just Went Bankrupt — Can You Still Get The Money You’re Owed?
Debt RR
APRIL 22, 2021
However, if the debtor owes a significant amount, you may want to consider pursuing the debt in bankruptcy court. Even in a best-case scenario — as a secured creditor — you could be waiting up to six years to receive payment. Put a halt to any collection efforts while marking the account as bankrupt. Get the Facts.
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