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Posts Tagged ‘insolvency’

Insolvency and Criminal Cases

Icon Written by Atty. Fred on Monday, 25 June 2007

One concern of creditors in filing a case for collection is the possibility of getting nothing in the end because the debtor has no properties to satisfy the judgment award, while spending more money for legal fees. A pyrrhic victory, so to speak. In fact, I often come across debtors dropping the hint of filing, [...]

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