I owe money to a company that filed for bankruptcy. Do I have to pay?

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I owe money to a company that filed for bankruptcy. Do I have to pay?

Yes. If you do not, you may be contacted by the Trustee, the debtor company, a third-party who has purchased your debt, or a debt collector hired by any one of the above. When a company files for bankruptcy, the filing does not eliminate your obligation to the company. It’s part of the company’s assets and will be distributed to the creditors if the company is liquidated. Do not assume you can ignore the debt.

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