PC/Debtor is in Hot Water!!!
Posted: Wed May 23, 2012 5:09 pm
charsetndows-1252
There may be a shorter cut, but trustee can get an order compelling debtor to testify about these things, and then punish for contempt. I am astonished Trustee hasn't done that yet.
Hasn't the trustee sought the bank account records?
I had some inquiries from people outside the country to try to purge or work around the contempt; apparently ICE regards a contempt order as the equivalent of an arrest warrant, and getting in through customs was likely to be impossible. Serious hot water!
Jason
Jason Wallach
jwallach@gladstonemichel.com
On May 23, 2012, at 4:40 PM, Tyson M. Takeuchi wrote:
>
> Hi Everyone:
>
> PC is in some hot water! Shortly before he filed a Chapter 7 bankruptcy, he transferred approximately $300k to his friends and relatives. PC was duly examined by the Chapter 7 Trustee and told him (TE) of the transfers at the 341(a) meeting. The Trustee has issued a Notice of Assets and is demanding the names of the friends/relatives he transferred the money to. So far, he has avoided all the continued meetings (1 years worth) and all communications sent by the Trustee and the Trustee's attorneys.
>
> Can the Chapter 7 Trustee compel PC to disclose this information??? He doesn't care about Sec. 727 type actions, etc.
>
> P.S.,
>
> PC doesn't like my recommendation of NOT allowing himself to be taken alive by the Trustee or his attorneys! (joke!!)
>
>
> Sincerely,
>
> Tyson M. Takeuchi, Esq.
>
> Tyson M. Takeuchi
> Certified Bankruptcy Specialist*^
> Law Offices of Tyson M. Takeuchi
> 1100 Wilshire Blvd., Ste. 2606
> Los Angeles, CA 90017
> tel: (213) 637-1866
> fax: (866) 481-3236
> *By State Bar of California Board of Legal Specialization
> ^Consumer Bankruptcy Specialist Certified by American Board of Certification
>
>
charsetndows-1252
There may be a shorter cut, but trustee can get an order compelling debtor to testify about these things, and then punish for contempt. I am astonished Trustee hasn't done that yet.Hasn't the trustee sought the bank account records?I had some inquiries from people outside the country to try to purge or work around the contempt; apparently ICE regards a contempt order as the equivalent of an arrest warrant, and getting in through customs was likely to be impossible. Serious hot water!Jason
Jason Wallach
The post was migrated from Yahoo.