Can we make our customer who filed for bankruptcy pay us? 2 Answers as of August 22, 2010
A customer of ours owes us a substantial amount of money and is filing for Chapter 11 bankruptcy. Because of his incompetence and financial problems, we went ahead and hired a subcontractor to finish his work. Now this subcontractor wants to sue us for his pay. But we are unable to pay the subcontractor because of the money that we never got back from our customer. What can we do?
The Doan Law Firm
| Shawn Doan
In this situation you would need to file a proof if claim with the court and hope your class of creditors will receive a dividend. It is also wise to consult with a creditor attorney.
Answer Applies to: California
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