Legal Question in Bankruptcy in Nevada

What is the time limit in the state of Nevada for a bankruptcy trustee to "claw back" funds from investors? What is the procedure? Can he really obtain a judgment for principal and interest?


Asked on 8/09/10, 9:23 am

1 Answer from Attorneys

Jeffrey Cogan Jeffrey A. Cogan, Esq., Ltd.

Under bankruptcy law, it would be four years from the date the money was received by you, he can try under state law for ten years. Yes, he can obtain a judgment for principal and interest. If you are speaking of Mr. Schwartzer and his associate Jason Imes I believe that if you are properly represented, they won't go after you. You need to have a letter prepared saying that you are going to defend the lawsuit and show them that they are wrong.

They would have to sue you and get a judgment to collect.

If it is another case, I would be happy to read any letter that the Trustee sent to you and give you advice. If you would like to retain me, you may send an email to [email protected].

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Answered on 8/16/10, 1:00 pm


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