Feb 4, 2022
Just because a debtor files for bankruptcy does not mean all is lost. It simply means that the parties must maintain the status quo while the bankruptcy proceeding navigates its way through the Court. There are certain things a debtor must do, and if he or she fails to meet these obligations, or if the underlying claim is itself non-dischargeable, then your subrogated claim may still be pursuable. So what happens if the bankruptcy is dismissed? And which subrogated claims are non-dischargeable?