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Asked in Phoenix, AZ May 10, 2018 ,  2 answers Visitors: 2
I collaborated on a book with a client for two years. Now she filed for bankruptcy and says our contract is cancelled.

2 Answers

Anonymous
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Posted on / May 10, 2018 13:25:04

Bankruptcy is an extremely complicated set of laws (some state and many federal) so it is a challenge to determine how to answer your questions. First, anyone can file for bankruptcy and later pay some or all of their debts. The issue here is whether or not the exemptions protect her interest in the manuscript. If not, it is property of the estate and may be liquidated by the bankruptcy trustee. You want to make sure you file a proof of claim - if one is required.

I hope this is a little helpful

Anonymous
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Posted on / May 10, 2018 12:50:17

Yes, you need to contact a lawyer in the Federal district of NC where the bk is pending and have him check the filing out. He can then file, if necessary, the paperwork to intervene in the action and protect your interests. This is rather tricky, so you should not attempt it yourself

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