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summary judgment
This case in the Bankruptcy Court for the Northern District of Illinois, Eastern Division, resulted in a Summary Judgment finding despite the assertion by the Debtor-Defendant of his 5th Amendment Right to be free from self-incrimination. Specifically, this Adversary Case arose from the Chapter 7 Bankruptcy filed by Arthur Friedman ("Debtor"). Creditor-Plaintiff, American Eagle Bank...
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When you file for bankruptcy you sign sworn schedules that itemize your assets. If you fail to disclose in full or fail to update your asset summary, you risk a creditor objecting to discharge on the basis of fraud. Claims that arise after the bankruptcy filing like future lawsuits are also assets of the Estate....
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