Can disbursements made in a Chapter 7 bankruptcy be reversed after the case is closed?
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Can disbursements made in a Chapter 7 bankruptcy be reversed after the case is closed?
Chapter 7 liquidation bankruptcy – monies were paid to IRS for taxes which had previously been paid. The case has been closed for over 20 years but it has come to light that taxes were paid by the trustee for taxes which had already been paid to IRS previously. Can anyone file with the bankruptcy court to have this matter investigated further? And if deemed to be true and monies can be refunded where and who would the money go once reimbursed?
Asked on February 15, 2011 under Bankruptcy Law, Texas
Answers:
Mark J. Markus / Mark J. Markus, Law Offices of
Answered 13 years ago | Contributor
Subject to any applicable statute of limitations, a creditor or party in interest could certainly sue the Trustee or reopen the case to investigate. I have no idea what the applicable statute of limitations would be in such a case.
Mark J. Markus, Attorney at Law
Handling exclusively bankruptcy law cases in California since 1991.
http://www.bklaw.com/
Mark J. Markus / Mark J. Markus, Law Offices of
Answered 13 years ago | Contributor
Subject to any applicable statute of limitations, a creditor or party in interest could certainly sue the Trustee or reopen the case to investigate. I have no idea what the applicable statute of limitations would be in such a case.
Mark J. Markus, Attorney at Law
Handling exclusively bankruptcy law cases in California since 1991.
http://www.bklaw.com/
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