[CLBS] here's a fun question for the bk geeks

Aaron Tolson ajt at aaronjtolsonlaw.com
Wed Aug 30 18:07:59 MDT 2017


Debtor trades in a free and clear truck before bk.  The dealer then gives
credit for 25k on a new leased vehicle, reducing the lease payments over a
period of 48 months.  Debtor files chap 7 bk 6 months into the lease.  Can
trustee avoid this transfer, or assume the lease and sell the car to get
the non exempt equity back out?  Or did debtor just prepay on their lease
and it's just all to bad for the poor unfortunate trustee?

-- 
Aaron J. Tolson
2677 E. 17th St. #300
Ammon, ID. 83406
208-228-5221

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