Court Confirms Pleadings Are Merged in Consent Judgment For Purposes of Exceptions to Discharge From Bankruptcy

It is not unusual for judgment creditors to face the prospect of a bankrupt debtor.  An assignment into bankruptcy by such a debtor generally stays proceedings against them and, once the debtor is discharged from bankruptcy, releases them from all “claims provable” in bankruptcy.  There are exceptions, however, and creditors would be wise to be […]

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