Are You Being Sued to Return Something That Is Yours?
Your debt was paid by the bankruptcy debtor fair and square. So why are you now getting sued by the bankruptcy debtor's trustee to return the money, asset or property that the debtor used to pay off the debt?
This is a troubling situation facing creditors and some people who have helped a friend or family member who is in debt. You did not expect to get sued when you accepted repayment of a loan. At the Birmingham, Alabama, Law Offices of Max C. Pope, Jr., we can help defend your rights to keep what was owed to you.
Trustee Action Defense. Call 205-327-5566 Or E-Mail Us.
When a person files for bankruptcy, a bankruptcy trustee reviews all of the debtor's financial history. The trustee is seeking to find any transactions that the debtor made that are avoidable. He or she will then avoid that transaction and seek to reclaim that money to use it to pay back the debtor's creditors. Reasons that a trustee may avoid a transaction can include:
- Fraudulent actions of the debtor
- Preferential payment to one creditor over others
- Improper transfers of assets
- Transactions not listed on the bankruptcy schedules of the debtor
We Help Respondents in Bankruptcy Trustee Lawsuits
We can help defend your rights in a bankruptcy trustee lawsuit. Do not give anything back until you speak with an attorney experienced in handling bankruptcy legal matters. We have been practicing bankruptcy law since 1988 and have considerable insight into how a bankruptcy trustee works and how bankruptcy law may apply in your particular situation. We can discern quickly whether we can help you, and we will help you understand the nature of your situation.
We offer free initial consultations in which we sit down with people to discuss their own unique situation. This is at no cost and no obligation to our clients. We represent clients throughout the Federal Northern District of Alabama, including clients in Anniston, Decatur, Huntsville and Tuscaloosa, and throughout Calhoun, Morgan, Madison and Tuscaloosa counties.
There are occasions when a debtor always paid a specific installment loan 60 days late. This late payment when no other creditor has been paid may look like preferential treatment to the trustee, but it is just the way that debtor did business with that creditor. Sometimes, a debtor does not know that transferring a specific asset must be in the schedules. There are many paths we can take to defend your rights, based on your individual situation.
Contact us today at 205-327-5566.
