10 Situations in Which Parties Can File Adversary Proceedings in Bankruptcy
You may have heard the term “adversary proceeding” when researching bankruptcy, but it’s not an inscrutable legal concept. It’s just a lawsuit within a bankruptcy case, usually filed by one or more creditors against the debtor. The creditors’ goals are, as always, to protect their claims in the bankruptcy estate. Bankruptcy trustees and debtors can …
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