Legal Question in Bankruptcy in California

Bankruptcy because of criminal activities

Real Estate Broker admitted to FBI that he had engaged in criminal activities, including defrauding clients, issuing false documents, wire transfers, etc. Millions of dollars stolen from many clients, and now he is declaring bankruptcy Will the bankruptcy, stemming from his loss of assets because of his criminal activity, liens, etc., be affected by the fact that he has admitted criminal action and will be prosecuted by the U.S. Attorney as soon as FBI investigation is complete? How will it be affected? As a victim of his criminal actions, do I need to file additional documents besides the Proof of Claim? (Because my life savings were stolen by him, I have no money for an attorney).

Thank you so much for your help.


Asked on 5/03/01, 4:50 pm

1 Answer from Attorneys
Mark Markus Law Office of Mark J. Markus

Re: Bankruptcy because of criminal activities

The answer depends on what chapter he files. You may be able to challenge the discharge of your debt in the bankruptcy. You should pay close attention to the noticed deadlines and make sure you consult with an attorney once the case is filed. Unfortunately, that is the only way to protect yourself unless you act as your own attorney.

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Answered on 6/18/01, 6:06 pm


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