April 3rd, 2013 by Questions
What happens if people in a proposal have purposly left creditors and known assets out of their asset sheet?
Posted from: Alberta
April 03, 2013 at 9:18 am, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:
You are not allowed to simply leave people out. Legally all creditors must be disclosed to the trustee and listed in the proposal. If you have information that suggests this has happened you should talk to the trustee involved. If this failure to disclose is not rectified it could result in the proposal being null and void.
Log in to Reply
Please post a follow up comment below:
(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)
You must be logged in to post a comment.