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  1. #1
    Join Date
    Oct 2009
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    Lightbulb Recovering Money from a Bankrupt Business

    My question involves bankruptcy in the state of: New York...

    Short and sweet If a company owes me money and they file for chapter 11 what are my options for collecting? I know that suing is not an option. Do i just swallow the loss and move on? The company that went under was recommended to me by an investment counselor. The company that owes me was recommended by the counsler because his company promoted them, this was supposed to be a "great investment". Is it possible that I have a claim against the investment couselor?

    thank you,
    SilentJay

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