Legal Question in Bankruptcy in Virginia

hi- can i do personal bankruptcy if i have a commercial property loan in my corporation name but the title is in a trust..thanks

Asked on 1/11/12, 12:12 pm

1 Answer from Attorneys

Michael E. Hendrickson Attorney & Counsellor at Law
0 users found helpful
0 attorneys agreed

If it's a revocable trust any such assets in your trust could possibly become

subject to the bankruptcy estate, but you would be wise to consult with

an attorney who regularly handles bankruptcy matters for further advice

on this issue.

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Answered on 1/31/12, 9:05 pm

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