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Promissory Note And Bankrutcy

Discuss the legalities of Bankruptcy Law

Promissory Note And Bankrutcy

Postby Vic » Sun May 11, 2014 8:32 am

State of Delaware   1.  My wife and I won a judgment with a promissory note against a person who borrowed money from us. The person filed bankruptcy and named Mr. and not Mrs. in the bankruptcy.
  Since Mrs. was not named and the money was to be paid to Mr. and Mrs., can Mrs. pursue collections and garnishment?   2.  Additionally, the note has a cosigner. Can we now also go after the cosigner to collect?   3.   &nbs... What is the process of locating assets, bank accounts and employment information?   Thank you in advance for your assistance.
 
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Promissory Note And Bankrutcy

Postby Einar » Thu May 15, 2014 2:02 pm

drow:Can we now also go after the cosigner to

collect? If your lawsuit and judgment did not name the cosigner, you can certainly dun him for payment, but you will have to sue him seperately if he doesn't pay.
Delaware does allow for post judgment debtor examination. See Page 10 of the following: http://delawareohio.ne...
   
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Promissory Note And Bankrutcy

Postby Elsworth » Sat May 17, 2014 7:10 am

You should have gone after co signor early on--go after him now!  But if you cannot jawbone him to pay up you will need to sue him separately  anew.
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Promissory Note And Bankrutcy

Postby Napayshni » Sat Jun 07, 2014 1:07 pm

1.  my spouse and that I gained a view having a promissory note against an individual who lent money from us. The individual registered bankruptcy and called Mr. and never Mrs. within the bankruptcy.   Since Mrs. wasn't called and also the cash was to become compensated to Mr. and Mrs., may Mrs. follow selections and garnishment?   no   2.  Furthermore, the notice includes a cosigner. May we currently also pursue the co-signer to gather?   yes   3.   &a... What's the procedure of finding resources, bank balances and work inf   private eye, your judge might have a procedure through which you are able to provide them to courtroom to possess them reveal their assets.
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