Legal Question in Bankruptcy in Virginia

bankruptsy

If a person posesses my property in his house and goes bankrupt, can I get my property?

Thanks


Asked on 10/14/07, 11:31 pm

1 Answer from Attorneys
Daniel Press Chung & Press, P.C.

Re: bankruptsy

Generally, yes. A person filing bankruptcy is supposed to list all property held on behalf of another, and that property does not become property of the bankruptcy estate subject to sale by the trustee. However, it could be a matter of proof if either the debtor or trustee wants to dispute ownership.

Read more
Answered on 10/15/07, 11:01 am


Related Questions & Answers

More Bankruptcy Law questions and answers in Virginia