what hapens when you file bankrupcy while being su

what hapens when you file bankrupcy while being sued by a cc co. and while enrolled in a debt settlement program wich the debt settlement company has already file bankrupcy?
Can I recover the money in an escrow account?
What happen to that money? Can I keep it?

2 Answers

Yes. true and you won't be harassed by the debt collection agents as automatic stay will be imposed on you.


The money in the escow account will probably have to be turned over to the trustee.

How to Deal with Illegal Loans..OhioGal's Primer
http://www.debtconsolidationcare.com/paydayloan/dealingwith-illegallenders.html
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.

SOL for all states
http://www.debtconsolidationcare.com/statute-of-limitation.html

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