A recent case in the United States Bankruptcy Court discusses a situation where a bankruptcy court refused to allow the party who had been discharged in bankruptcy from discharging the debt.
Ascent Capital Group Inc. announced that its wholly owned subsidiary, Monitronics International Inc., entered into a restructuring support agreement with its largest creditors that will eliminate approximately $885 million in debt. Monitronics operates in the market as Brinks Home Security and is ranked as No. 3 on the 2019 SDM 100.
Questions are frequently asked by alarm dealers when a customer or a subscriber files for bankruptcy. Can the alarm company collect the past due account?
