Legal Question in Bankruptcy in Tennessee

Return of Funds Earned

My husband was a manufacturer's rep. The company he was a rep for declared bankruptcy. They owed him $7,000. Now the bankruptcy court has filed a suit to have him return the money they paid him for the 6 months prior to the bankruptcy filing. He provided a service for that money, plus he had expenses to get the business. Does he need to return the money??


Asked on 8/10/04, 8:37 am

1 Answer from Attorneys
James R. Becker, Jr. Becker Law Firm

Re: Return of Funds Earned

It depends on the reason why the funds were paid. If the funds were paid because of a preexisting debt owed to your husband, then it will probably have to be repaid. Otherwise, it may not.

You need to contact an attorney who handles bankruptcy work to determine your rights in this matter. If you would like to consult with me, I can be reached at [email protected].

Read more
Answered on 8/10/04, 10:10 am


Related Questions & Answers

More Bankruptcy Law questions and answers in Tennessee