Bankruptcy Law Questions? Ask a Bankruptcy Lawyer Now.
If it's a Chapter 7 bankruptcy, then a judgment for an ordinary debt is stayed and subject to eventual discharge. If it's a Chapter 11, then the debtor must create a plan to pay off debts to the extent that the judgment creditor would have been able to recover in Chapter 7 -- which could be a significant amount -- or, nothing at all.
Hope this helps.
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