How We Handle A Case When The Trucking Company Defendant Files For Bankruptcy
We have had cases against trucking companies where during the course of litigation of a personal injury the trucking company files for bankruptcy.
Once we receive Notice of the Bankruptcy, we immediately file a Claim in the Bankruptcy proceeding. When this occurs, we immediately bring in our bankruptcy co-counsel. We register for eFiling. We move for an Order for Relief from the Stay so we can move forward with our personal injury case against the trucking company. We will obtain consent by an Order from the Bankruptcy Court. After we obtain relief from the Bankruptcy Automatic Stay to allow our personal injury case to proceed to judgment we get a judgment against the trucking company and then move in the Bankruptcy court to first recognize the judgment and second to order the trucking company's insurer to assume full responsibility for paying the judgment.
Of course, we also find out if the trucking company is self-insured.
Many of the larger trucking companies are self-insured. We will determine what insurance coverage is available for our client. We will enforce the judgment based on the insurance contract which the trucking company had before the Bankruptcy - all in the Bankruptcy Court.
As you can see, our law firm has extensive knowledge of Bankruptcy Law and the ability to respond quickly to any Bankruptcy filing in order to deal with all the Bankruptcy issues and continue our client's action in State court to obtain a judgment and collect the judgment for our client. We know what to do.
Unfortunately, in this recession trucking companies often file for bankruptcy. We are prepared for this possibility. If you are a victim of a trucking accident or have a trucking accident claim and want a very experienced law firm that has handled hundreds of trucking cases or where the trucking company has filed for bankruptcy please contact us immediately. You can contact us at 1-800-718-4658 or complete the email inquiry on the right. We handle serious injury or fatality trucking accidents throughout the country from coast to coast.
« Previous Article | Back To Articles | Next Article »
Click Here To Get Started
We are available 7 days a week and will respond
to your inquiry within 24 hours.
