Embezzled Money Can't Be Discharged in Bankruptcy - Bloomberg B...

03/09/17


Embezzled Money Can't Be Discharged in Bankruptcy
Bloomberg BNA
In Chapter 7 bankruptcy, a debtor's assets that cannot be kept are liquidated and the proceeds distributed to creditors. Subject to certain exceptions, the debtor is awarded a discharge, which effectively wipes out debt. EBF argued that Favor shouldn't ...

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