In the latest episode of our firm’s video web series, which can be viewed below, firm owner John P. Fishwick, Jr., associate attorney Daniel J. Martin, and firm investigator Isaac Van Patten discuss what can be done when a defendant in a civil case files for bankruptcy. Although filing for bankruptcy results in an “automatic stay” against any effort by creditors to collect their debts from the bankrupt debtor, including pursuing a claim against the debtor in a lawsuit, there are ways to lift the automatic stay, especially when a judgment against the debtor will ultimately be paid out by an insurance company.
To keep up with our video web series, you can subscribe to our YouTube channel, where we will regularly post videos discussing our firm, developments of the law, and other areas of interest. If you have any questions, please do not hesitate to contact our office. You can reach us by calling 540-345-5890 or completing our online form.