Statute of Limitations on Closed Chapter 7 Case
Posted: Wed Sep 25, 2013 9:21 pm
The permanent injunction only works on discharged debts. Some debts are excepted from discharge under various code sections for various reasons.ause the Trustee's duty is to the unsecured creditors, to seize and sell non exempt assets and distribute the proceeds.
Maybe the trustee discovered an asset wasn't listed in the petition & schedules. A prepetition asset does not revest in the debtor upon discharge when the debtor failed to list the asset, the asset always stays in the BK estate.
You don't say what the trustee's reason is in asking the court to reopen the case
administer assets or for some other cause.
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To: "cdcbaa@yahoogroups.com"
Sent: Wednesday, September 25, 2013 8:52 PM
Subject: Re: [cdcbaa] Statute of Limitations on Closed Chapter 7 Case
Jason, That seems logical. I am hoping someone knows the citation.
The post was migrated from Yahoo.