Does filing for Chapter 11 bankruptcy protect me from criminal prosecution?
No, filing for Chapter 11 bankruptcy in Minnesota does not protect you from criminal prosecution. Bankruptcy laws only provide protections for debtors who are unable to pay their creditors. It is not a shield from criminal conviction, since criminal convictions are based on violations of criminal laws and not civil laws. If you are facing criminal charges, even after filing for Chapter 11 bankruptcy, you should consult an experienced criminal defense attorney to discuss your legal rights and options. Bankruptcy can also affect the outcome of your criminal case in different ways. For example, if you are convicted of a crime, the court may take into consideration any debts you currently have and any money owed to creditors when deciding your sentence. In addition, the court may also consider whether or not you had filed for bankruptcy protection when deciding whether to suspend a sentence or impose a fine. Ultimately, filing for Chapter 11 bankruptcy in Minnesota will not protect you from criminal prosecution, but it may have an effect on the outcome of your criminal case. It is important that you consult a qualified attorney who can advise you on the best course of action for your personal situation.
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