QUESTION
Is it true that the trustee only has 2 years to file claw back suits?
Asked on Sep 24th, 2016 on Bankruptcy - Wisconsin
More details to this question:
I lost a lot of money in a Ponzi scheme. The person is in bankruptcy. The 2 year anniversary of the order of relief is coming up and no claw back lawsuits have been filed by the trustee for those who made more money they invested.
1 ANSWER
Bankruptcy Attorney serving Madison, WI
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Richard B. Jacobson & Associates, LLC
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Two years from the appointment of the trustee is the time limit that most people regard as applicable. Consult a skilled bankruptcy lawyer to see if there is a way of making the trustee either explain himself or take action.
Answered on Oct 20th, 2016 at 6:49 AM