Quote:
Originally Posted by oilyfan
I think you meant secured creditors (mortgage holders, lien holders on cars etc.), Jason Wolley and Bryan Berard would fall under the unsecured creditors category.
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No, I meant what I said. Woolley's unsecured creditors who have proven claims in his bankruptcy estate would be entitled to any funds collected from a successful judgement prior to Woolley himself getting any money.
Woolley and Berard are not mutually inclusive because Woolley has filed a bankruptcy and it would appear Berard has not.
Woolley's bankrupt estate and Berard et al. would be unsecured creditors to the defendants; however, I am speaking to the ability for the plaintiffs to be compensated and not about the defendants filing a bankruptcy.