Judge Harry C Dees, Jr. has ruled that Notre Dame football season tickets are not tangible, and thus sustained the chapter 7 trustee's objection to the exemption the debtor claimed in the bankruptcy case. This allows the trustee to liquidate...
N is for a no asset report in bankruptcy
This is the holy grail in bankruptcy, what every chapter seven debtor wants. A no asset report by the standing bankruptcy trustee means there are no assets to administer in the bankruptcy case for the benefit of creditors. It's either because...