Legal Question in Bankruptcy in Florida

In a bankrupcy case why would a lawyer include items that were paid for knowing if you wanted them back you would have to pay the trustee their buyback value, such as your vehicle?


Asked on 4/21/17, 9:56 pm

2 Answers from Attorneys
R. Jason de Groot R. Jason de Groot, P.A.

Because you must list everything that you own in a bankruptcy, and everything you owe. If you do not list everything that you own, it would be fraudulent.

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Answered on 4/22/17, 5:58 am
Alan Wagner Wagner, McLaughlin & Whittemore P.A.

Because it is part of the bankruptcy estate even if it is paid for. The items you own, excluding exemptions, are used to pay your debts.

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Answered on 4/24/17, 10:52 am


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