If a business is in a lawsuit and files for Chapter 11 bankruptcy, what happens to the lawsuit?

Typically, the lawsuit gets put on hold. Most lawsuits do not go away just because the company files for bankruptcy. What happens to the lawsuit depends on what stage it is in. It might eventually get dismissed, but usually, the automatic stay will stay the proceedings. In Utah, they typically stay a court case for a year and then check on the status of the bankruptcy case. You may just have to wait for your case to be addressed again after the bankruptcy proceedings are complete. The specifics of the cases matter so call this law firm and get a free consultation to understand your rights and responsibilities more fully:

Ascent Law LLC

8833 S Redwood Rd Ste C

West Jordan UT 84088

(801) 676-5506

https://g.page/AscentLaw

https://www.ascentlawfirm.com/chapter-11-bankruptcy-lawyer/



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