Beware of Filing for Bankruptcy & Losing Minerals

Beware filing bankruptcy if u can avoid it...bankruptcy trustee can take your mineral right and sell them ! I was not aware of this before I filed now I have no choice...

Views: 2237

▶ Reply to This

Replies to This Discussion

Permalink Reply by Chris Barrett on April 16, 2015 at 3:30am
That's why I want to warn others so they don't fall into the same trap ...
Permalink Reply by Tim Tarr on April 16, 2015 at 8:04pm

So you thought you could get debts forgiven and keep an asset worth thousands? I just might get the idea your as bad as a politician.

Permalink Reply by Chris Barrett on April 17, 2015 at 1:18am
You are missing the whole point...apparently you didn't read all the posts...
Permalink Reply by Finnbear on April 17, 2015 at 1:37am

You may have missed the point that you don't file bankruptcy when you still hold assets that can be liquidated to cover your obligations. Bankruptcy should be reserved for situations where you have nothing left and no future potential to ever repay any of your obligations.

RSS

© 2024   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service