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.
Answered on 1/07/07, 12:26 pm
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