Legal Question in Bankruptcy in Minnesota

corporate loans

If I file chapter 7, can I include loans made to me by a Corporation that I was the CEO at the time?


Asked on 1/03/08, 7:54 pm

1 Answer from Attorneys
Dennis Felix Felix Law Office, P. A.

Re: corporate loans

Of course. In fact, you must include them. However, if there was an issue of fraud, the corporation could try to bring an adversary action to deny the discharge of the loans. Since I do not have all the facts, you need to speak to counsel. Dennis Felix

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Answered on 1/04/08, 11:05 am


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