October, 2020 | Lynch & Belch, P.C.

Supreme Court reviews impounded property and bankruptcy

On behalf of Lynch & Belch, P.C. | Oct 16, 2020 | Chapter 13 Bankruptcy

Bankruptcy is intended to prevent the seizure of some assets. But federal courts have been inconsistent on whether creditors must immediately return repossessed or impounded property when the owner files for bankruptcy. The U.S. Supreme Court is considering an appeal...