Legal Question in Bankruptcy in New York
I got repaid the $5,000 I lent my cousin the day before he filed bankruptcy. Now I've just been served a summons and complaint by the trustee in my cousin�s case. I'm the defendant and trustee wants the $5,000 back from me. Can the trustee do this? Will he win? I didn�t even know my cousin was going to file bankruptcy.
Asked on 3/08/11, 8:53 pm
1 Answer from Attorneys
Robbie L. Vaughn, Esq.
The Law Firm of Vaughn & Weber, PLLC
Yes he can do this. The repayment to you may have been a preference. You should consult with a bankruptcy attorney asap to determine what options you have going forward.
Answered on 3/09/11, 5:23 am
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