bankruptcy us trustee

Bankruptcy and loans from in-laws?

2 years ago my parents lent us the money they got from refinancing her house and we used it to house make a down payment on one. now my parents are in bankruptcy and they had to let her attorney know that she borrowed money from us that refinancing. her lawyer says them that the trustee will / might come after us that loan. Is that true?

Yes. Start saving and be prepared to get a bank loan that the Coverage. It was a loan and the trustee must access all of the assets.

When The US Trustee’s Office Strikes!

U.S. bankruptcy trustee program : oversight hearing before the Subcommittee on Monopolies and Commercial Law of the Committee on the Judiciary, House of Representatives, Ninety-seventh Congress, second session, on U.S. bankruptcy trustee program, May 7, 1982. …

Proprietary Claims in Insolvency $8.50 The focus of Proprietary Claims and Insolvency is the use of the trust and analogous devices by companies and individuals to gain priority over other creditors in the event of corporate collapse. It examines in detail the treatment of trusts at all stages of an insolvency, including the tracing of assets, changes in form, the investigation of profits accrued as a result of breaches in fiduciary du…

Help us build trust in America’s bankruptcy system : discover new career opportunities, join the diverse group of professionals who in bankruptcy administration (SuDoc J 1.2:B 22) …