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Old 12-14-2009, 11:48 PM  
twistyneck
So Fucking Banned
 
Join Date: Jan 2002
Location: Hanging by the neck until dead.
Posts: 4,660
Quote:
Originally Posted by theking View Post
Bankruptcy gives one relief from one set of financial circumstances...but I find it difficult to believe that bankruptcy would relieve one of any and all liabilities. I am not an attorney and do not know the definitive law about this matter in the states...but my confidence level is high when I say that if it was in the states and one in fact was found to be liable for the business/tenants actions...I do not think that bankruptcy would be a defense to not having to pay on that liability as it is a different set of circumstance other than what the declaration of bankruptcy was based upon. I think a judgement would be brought against future earnings.
You're a fucking idiot. The whole point of bankruptcy is to wipe out liabilities.
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