Question: If a person files bankruptcy in Ontario are they able to launch a civil suit against an employer?
Answer: Yes, but if you are bankrupt any "winnings" you get from a lawsuit become property of your bankruptcy estate and are turned over to your creditors, so it only makes sense to sue someone while bankrupt if you have a reasonable expectation of recovering more than enough money to repay your creditors in full.
Answer: Yes, but if you are bankrupt any "winnings" you get from a lawsuit become property of your bankruptcy estate and are turned over to your creditors, so it only makes sense to sue someone while bankrupt if you have a reasonable expectation of recovering more than enough money to repay your creditors in full.
Labels: bankruptcy Ontario
posted by Questions @ 11:28 AM
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