One of the most discouraging things to encounter in personal injury law is where you endure a lengthy litigation process and even obtain a successful verdict at trial, only for the defendant to turn around and declare bankruptcy in an attempt to discharge your judgment and force you to walk away with nothing. In situations where the defendant you have filed suit against has no insurance money backing them up, this Read More
Chicago Personal Injury & Bankruptcy Law — A Brief Introduction to the Intersection between Personal Injury and Bankruptcy
[vc_row][vc_column][vc_column_text] One of the most discouraging things to encounter in personal injury law is where you endure a lengthy litigation process and even obtain a successful verdict at trial, only for the defendant to turn around and declare bankruptcy in an attempt to discharge your judgment and force you to walk away with nothing. In situations where the defendant you have filed suit against has no Read More
Chicago Bankruptcy Fraud – Adversary Proceedings
[vc_row][vc_column][vc_column_text] Chicago Bankruptcy fraud is serious. To combat it, an “adversary complaint” is filed to civilly prosecute a debtor who is essentially trying to hide assets, or is not being forthright about a loss of assets. You may have won a judgment against a person who then files bankruptcy or the person owes you money. You “smell a rat” and investigate and discovery that, more likely than Read More
