06/12/2026
Protecting Assets Under Bankruptcy – When filing for bankruptcy on behalf of a client, an attorney must consider how to best protect the client’s assets. During bankruptcy proceedings, the court reviews the petitioner’s assets to determine the debtor’s ability to repay creditors. The court then may require sale of the debtor’s property to reimburse creditors and/or cover court costs. The degree to which property is liquidated depends on the circumstances of each case.
Learn more here: https://www.solomitalaw.com/protecting-assets-under-bankruptcy/