My question involves bankruptcy in the state of Texas
I revived a life insurance estate in the last 10 year ago. I put it in the Dang FLP. I have 90% interest in the FLP and I never use or touch it. What if I file bankruptcy chapter 7 now, can trustee liquidate it.?
I revived a life insurance estate in the last 10 year ago. I put it in the Dang FLP. I have 90% interest in the FLP and I never use or touch it. What if I file bankruptcy chapter 7 now, can trustee liquidate it.?
Chapter 7: How is an Interest in a Family Limited Partnership Treated in Bankruptcy
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