By Cathy Moran, Esq. (Redwood City, CA) Once again, I sat in a 341 meeting where the trustee’s representative purported to deliver vital information to the assembled debtors. She had a captive audience of anxious listeners. She had ostensible power of life and death over their financial future. They needed to know what she had to say. But as communication,...
From the Editor – Dismissal
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By The Honorable William Houston Brown (Retired)
Multiple causes for dismissal included failure to provide tax returns to trustee within seven days before meeting of creditors. Finding that debtor’s plans were infeasible and filed in bad faith, that debtor failed to make plan payments postpetition, that debtor failed to disclose prior bankruptcy filings of his wholly-owned subsidiaries and his interest in a limited liability company, as well a failure to provide copies of tax returns to the trustee within seven days prior to the first meeting of creditors, there were multiple causes for denial . . .
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