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Quicksilver Quicksilver is offline
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Join Date: Jul 2002
Location: SC - (Aiken in the 'other' SC)
Posts: 5,022
If Motor Meister is really filing for bankruptcy those Ebay auctions could turn into a nightmare for anyone who buys one. If the bankruptcy trustee finds that assets were disposed of prior to the bankruptcy they can have them recovered and the person that bought them would become a creditor of the bankruptcy. (They send out a US Marshal to retrieve it!)

Plus if the debtor did something fraudulent like lien sales with the notice going to a purposefully incorrect address the trustee will very often facilitate the felony prosecution of the debtor. Most trustees are attorneys and they have a very dim view of people abusing the "wipe the slate clean" that a bankruptcy represents.
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Wayne - 87 Carrera coupe -> The pooch.
Old 11-14-2013, 04:00 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #19 (permalink)