Legal Question in Bankruptcy in Georgia

Buying back a business after Chapter 11

Father-in-law wants to sell business that is in Chapter 11 to a family member to avoid foreclosure and purchase it back within a year. Is this legal?


Asked on 1/06/07, 8:58 pm

1 Answer from Attorneys

Scott Riddle Law Office of Scott B. Riddle, LLC

Re: Buying back a business after Chapter 11

That is a question for the lawyer who is handling the Chapter 11 case. No one else can tell you if it is legal (or otherwise appropriate) with only one sentence of details.

Read more
Answered on 1/07/07, 12:26 pm


Related Questions & Answers

More Bankruptcy Law questions and answers in Georgia