Tag team bankruptcy filings.
Today we had the US Trustee’s representative come down and ask a debtor about her husband’s separate filing of bankruptcy. The wife filed chapter 7 bankruptcy after her husband filed bankruptcy. The code allows such filings, however it raises concerns by the Trustee and the US Trustee.
From a Trustee perspective there could be assets listed in one petition and wrongfully not listed in the other petition. In addition, there may be an inappropriate use of the exemptions, ...Continue Reading →