Legal Question in Bankruptcy in California

bankruptcy

If my contractor filed bankruptcy in the last week, will the court

hold my insurance money, which is to rebuild and is in both our

names? And what if my contractor uses a different construction

name than he did to file bankruptcy, does that make a difference

since it is in fact the same personal name at the end.


Asked on 3/10/09, 10:52 pm

1 Answer from Attorneys
Chris Johnson Christopher B. Johnson, Attorney at Law

Re: bankruptcy

It's difficult to say without seeing the specifics of your situation, but if the contractor was holding money that didn't belong to him (your insurance money), you may be able to claim that as being outside the bankruptcy estate. If the amount is significant, I'd recommend using an attorney experienced in these matters, as deadlines in bankruptcy court are short and the rules are many.

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Answered on 3/11/09, 2:59 pm


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