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What Happens to Your Debt When a Company Files for Bankruptcy?

What Happens to Your Debt When a Company Files for Bankruptcy?

In this LawCall segment, Perry & Young attorneys discuss what happens to customer accounts when a company, like Bacock, files for bankruptcy. They explain how bankruptcy trustees manage assets and attempt to collect payments, even as the company operates under bankruptcy protection. If you’re dealing with a creditor tied to a bankruptcy, contact Perry & Young for expert advice and a free consultation to understand your rights and options!