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Tag Archives: Chapter 7

SCOTUS: Trustee can seek undervalued assets

A bankruptcy trustee could seek to recover the amount by which a debtor undervalued personal property when she declared it exempt in her Chapter 7 case, the U.S. Supreme Court has ruled in a 6-3 decision.

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Bankruptcy Appeal — Chapter 7: Ring v. McDonald

U.S. District Court, Western District of New York Bankruptcy Appeal — Chapter 7 Spouse’s Bankruptcy Estate-Insurance Policies Ring v. McDonald 09-CV-398 Judge Skretny Background: The Chapter 7 trustee appeals the bankruptcy court’s decision to grant the debtors’ motion to compel ...

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