Corporation operating after a Chapter7
Posted: Sat May 31, 2014 2:17 pm
Erik:
Can operate, but no discharge, so all creditors can take collections actions.
d
Dennis McGoldrick, 350 S. Crenshaw Bl., #A207B, Torrance, Ca 90503 310-328-1001-voice
> On May 30, 2014, at 11:30 AM, "Erik Clark eclark@blclaw.com [cdcbaa]" wrote:
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> Hope everyone is enjoying their Friday,
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> Can a corporation still operate after a 7? If not, what if it does? If it acquires assets post filing (and closing of the case) can creditors go after them for the debt? There is no discharge. Would appreciate any thoughts.
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> M. Erik Clark
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> 100 N. Barranca Avenue, Suite 250
> West Covina, CA 91791
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> www.blclaw.com
> Office: (626) 332-8600
> Fax: (626) 332-8644
> Board Certified in Consumer Bankruptcy
> American Board of Certification
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