Question

[Lajazz947]

If you remember my first 341 I had a creditor who owes ME money show up. He has declared BK and was discharged. I think I found some hidden assets that he transsfered a year ago ( my brother is a PI ) and I just sent a letter to his trustee offering the information. He also has an AP filed in his case for $650,000 for fraud.

Lets see how the trustee responds but my guess is that they reopen his case.

Any thoughts on what a TT does in this case?

Thanks

[JRScott]

If he can prove the allegations.

He'll reopen the case.

Rescend the Discharge. (Yes this is possible)

Dismiss with prejudice.

Charge the person with bankruptcy fraud.

[Lajazz947]

If he can prove the allegations.

He'll reopen the case.

Rescend the Discharge. (Yes this is possible)

Dismiss with prejudice.

Charge the person with bankruptcy fraud.

well well well.

i spoke to the TT and he found over 100 yes 100 transfers of property on one day ,yes one day.



he will be turning the case over to lwa enforcement as a ponzi scheme.

[JRScott]

Yep the guy who did this is gonna be in deep trouble.

Sadly this might delay the close of your own account, as this is gonna probably blow up big. You'll discharge on time but the Trustee will have to wait and see if any assets are recovered to meet the obligation of the BK estate.

[Lajazz947]

Yep the guy who did this is gonna be in deep trouble.

Sadly this might delay the close of your own account, as this is gonna probably blow up big. You'll discharge on time but the Trustee will have to wait and see if any assets are recovered to meet the obligation of the BK estate.

I'd wait 10 years if this loser went to jail.

[Lajazz947]

Well, well, well again

PACER shows a reopening of the case by the TT and a request for creditors to file claims.

I'll be right in line.

Ha, I may have the last laugh and my atty feels confident that I am OK with my own petition after he reviewed all my files.

He cannot see how I am not going to be in a 7 since I now make under the median with my business expenses.

Let me cross everything that I can and hope for the best.

[StartingOver08]

Thank you for keeping us posted. Sounds like the guy really was running some sort of scam with 100 transfers in one day!

[JRScott]

Well good luck be sure to get your claim filed asap.

[AngelinaCatHub]

Jazz, you make life worth living. I LOVE

[BigJohn]

Jazz, you got to keep in touch with this person so that you will have his actual address (hopefully at the Big House) so you can send him a Christmas card every year.

[relief13035]

WoooHoooo Jazz - I love this sort of stuff. Go get his sorry a**.

Keep us posted!

[Lajazz947]

Oh man it gets better.

The guy became an ordained minister ( no doubt for a few humdred bucks) and perfoms ceremonies. I found out about it through a mutual friend, who is no longer a friend of his since he stiffed him too.

The guy has a website and may have a revenue sharing agreement with his vendors which of course was not on his petition.

His TT thanked me once again and looking into it to see if there is further fraud.

To those of you who may think I go overboard I feel that everyone needs to own up to it when they hurt people.

I gave him his chance to come clean when I filed my lawsuit against him and he still tried to hurt people. He could have owned up to it but he chose not to.

Now, when people cannot control their actions they must be controlled for them. This is called justice and money recovery or no money I intend to keep him from hurting other people.

He has hurt other people much more than he has me.

[JRScott]

You're doing the right thing. In fact TT rely on informants in most cases because it is to prohibitively expensive for them to hire a PI for each case, however in this case the TT may start considering it against this particular person.

[Lajazz947]

Update

The case is reopened and the claims are starting.

3 so far, one for $171,000, another small CC for $341 ( ironic eh, 341 ) and mine for $200,000.

Interestingly enough he lists mine as unsecured on his petition but along with my claim I attached a long narrative describing my contention that he comitted fraud and why I would argue in court that my claim was secured.

The clerk entered my claim as unsecured at first but just amemded it to list me as secured.

I have not done my research yet so I don't know what difference this makes if any but it makes me feel as though I made a difference anyway.

I warned the guy not to underestimate me and I told his attorney the same thing. His attorney does not want to even meet with me and my attorney in my lawsuit against him. I think he knows the truth.

Now he is learning just how savy I can be.

I am not letting up until justice is served for me and the other investors in his scam.