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land ownership dispute

What happens with any monies that is locked in a courts trust until the court decides ownersip of the sold property, if one party files bankruptcy?

One Response to “land ownership dispute”

Barton Goth GCO Bankruptcy Trustees said...

This potential windfall will be an asset that vest in the trustee. So if you file for bankruptcy and at a later date it is decided that part of that money is yours, it will be lost and be used to create a dividend for your creditors.