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  1. #1

    Question How Do Pending Claims Impact Filing for Bankruptcy

    My question involves bankruptcy in the state of: CA

    Should someone pursue a potential refund through the FTC on a claim filed for a ruling on a international scam if a positive outcome is a long shot and they are considering filing Chapter 7 (or 13) bankruptcy?

    Similarly, should someone pursue a chargeback claim with credit card companies for the scam if a positive outcome is a long shot and they are considering filing Chapter 7 (or 13) bankruptcy?

    How does potential relief of some debt from these long shots impact filing Chapter 7 (or 13) bankruptcy?

    Thank you for your time!

  2. #2
    Join Date
    Oct 2014
    Posts
    6,358

    Default Re: How Do Pending Claims Impact Filing for Bankruptcy

    Since the claim for the scam arises at the time the scam occurred, anything you might get from those claims would be considered a pre-petition asset in bankruptcy and whatever money you might get from it generally would be available to the bankruptcy trustee to satisfy your creditors. How that would affect your bankruptcy depends on the details of your financial situation and what you might get from pursuing these claims. The best thing to do is meet with a bankruptcy attorney to go over your situation and advise you what to do.

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