5th amendment - Neis Michaux Law Office

What If Debtor Destroys Collateral?

Posted on January 12, 2010 Written by Jill Michaux

INTENTIONAL DESTRUCTION OF COLLATERAL?
In re Murrow, Case No. 07-41061
March 2008, Judge Karlin

Creditor was give an additional time to amend its complaint. Debtor took the 5th but the intimation of the discussion in the decision is that debtor likely intentionally destroyed the vehicle but insufficient facts were alleged.

Digest by:Â Jan Hamilton, Trustee

Filed Under: Bad Outcomes, Fraud, Crimes, Court Rulings, Discharge Tagged: 5th amendment, complaint, Discharge, dischargeability of debt, extension of time, intentional destruction of collateral, Judge Karlin, Murrow

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What If Debtor Destroys Collateral?

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