Florida Bankruptcy Trustees Can Sue for Assets

Podcast Florida Bankruptcy Trustee

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You can be sued by a bankruptcy court trustee for your assets in what’s called an adversary action. As if things weren’t challenging enough for debtors filing a Chapter 7, Chapter 11 or a Chapter 13 bankruptcy if you’re not working with an experienced attorney, you can have assets taken from you in a lawsuit.

An adversary action is filed by a Florida bankruptcy trustee who believes that there is an opening, a hole, an issue, any problem with your bankruptcy paperwork that leaves you open and unprotected from a lawsuit by the court trustee. Poor financial decisions, or horrible circumstances do not matter in the bankruptcy court if you have lied, falsified, made errors or produced faulty or questionable paperwork.

Your weak economic situations aren’t important. Medical bills, divorce, foreclosure, job loss often lead to bankruptcy but if you file and have holes, incompletions, incorrect information that leaves you open to a counter lawsuit, the bankruptcy will come after you. Your attorney is the one who should be able to protect you and if you select an attorney not familiar with the complexities of bankruptcy, or they file carelessly and don’t review your answers relying on you to provide adequate responses, you can be in trouble if the trustee finds a hole and away to your remaining assets which they will sue you to obtain.

Consult with bankruptcy attorney Roddy Lanigan of Lanigan and Lanigan in Winter Park Florida who provides a video about this issue on the LaniganPL YouTube channel.

“I want to talk to you for a few minutes about one of the rare exceptions in bankruptcy,” said Lanigan who has practiced Florida law since 2007. “That’s when a trustee files an adversary action.

“An adversary action generally speaking is a lawsuit filed in a bankruptcy by a trustee in order to collect assets from a debtor. I have wide experience in defending and
litigating in bankruptcy court. Should you want a consultation feel free to contact me anytime. My number is 407-740-7379.”