Tag Archives: Punitive Damages

“A Bankruptcy Court Is Not A Collection Agency”: A Lesson On When Not To File An Involuntary Bankruptcy Petition

Many a bankruptcy attorney has been approached by an angry client who is owed a large amount from, or has obtained a judgment against another party, but has been frustrated in efforts to collect and wants to “throw them into bankruptcy.”  After trying to calm the client down, the attorney will go over the technical … Continue Reading