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"I've got morons on my team." Mitt Romney Minor Deity |
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Minor Deity |
A bankruptcy filing is an obvious next move. He can get rid of this judgement and all the attorney fees he owes. He has probably hidden some assets anticipating this.
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Has Achieved Nirvana |
Surely Trump will give him some pointers on hiding any assets he has not already hidden and how to sleaze around some bankruptcy rules. Hope they both get caught in the act.
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"I've got morons on my team." Mitt Romney Minor Deity |
Yes, but wouldn't his entire "estate," such as it exists, be forfeit to the plaintiffs? And if he illegally shielded assets, that's the basis of another criminal prosecution. I would have no objection to seeing him reduced to the standard of living of the average American. | |||
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Has Achieved Nirvana |
I'd have thought that too, but Alex Jones was unable to get rid of the debt owed to the plaintiffs. | |||
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Minor Deity |
I thought that punitive damages were generally not escapable via bankruptcy. Maybe this is a state-by-state thing, or me not knowing what I’m talking about? | |||
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"I've got morons on my team." Mitt Romney Minor Deity |
That's what I think as well. Debt incurred from willful misconduct cannot be discharged, methinks. | |||
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Has Achieved Nirvana |
"Dischargeability depends upon what else the jury concludes. The Bankruptcy Code says that debts based on liability “for willful and malicious injury by the debtor to another entity or to property of another entity” are specifically excluded from the scope of the bankruptcy discharge. The Depp v. Heard jury found that Ms. Heard had acted intentionally and with actual malice to cause harm to Mr. Depp. This means that the jury’s award of damages is likely not dischargeable in bankruptcy." [URL=Dischargeability depends upon what else the jury concludes. The Bankruptcy Code says that debts based on liability “for willful and malicious injury by the debtor to another entity or to property of another entity” are specifically excluded from the scope of the bankruptcy discharge. The Depp v. Heard jury found that Ms. Heard had acted intentionally and with actual malice to cause harm to Mr. Depp. This means that the jury’s award of damages is likely not dischargeable in bankruptcy.]From a casual search[/URL]
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Has Achieved Nirvana |
[QUOTE]Originally posted by CHAS: "Dischargeability depends upon what else the jury concludes. The Bankruptcy Code says that debts based on liability “for willful and malicious injury by the debtor to another entity or to property of another entity” are specifically excluded from the scope of the bankruptcy discharge. The Depp v. Heard jury found that Ms. Heard had acted intentionally and with actual malice to cause harm to Mr. Depp. This means that the jury’s award of damages is likely not dischargeable in bankruptcy." Dischargeability depends upon what else the jury concludes. The Bankruptcy Code says that debts based on liability “for willful and malicious injury by the debtor to another entity or to property of another entity” are specifically excluded from the scope of the bankruptcy discharge. The Depp v. Heard jury found that Ms. Heard had acted intentionally and with actual malice to cause harm to Mr. Depp. This means that the jury’s award of damages is likely not dischargeable in bankruptcy." carp This is from a casual search. Cannot find the edit button, etc.
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Has Achieved Nirvana |
Ding, ding, ding! We have a winner. A bankruptcy lawyer’s point of view:
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"I've got morons on my team." Mitt Romney Minor Deity |
Even under that standard, the plaintiffs can only recover up to the contents of his estate, right? And could there be another "more senior" claimant with rights to share in that estate? | |||
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Minor Deity |
He may be able to keep his home https://www.nolo.com/legal-enc...exemption-your-state
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Minor Deity |
[QUOTE]Originally posted by Piano*Dad: Even under that standard, the plaintiffs can only recover up to the contents of his estate, right? Yes, after distribution of his estate to creditors, the rest of his debt is discharged.
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"I've got morons on my team." Mitt Romney Minor Deity |
So they cannot garnish his income for the rest of his life. Too bad. | |||
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Has Achieved Nirvana |
Not if it’s non-dischargeable. I don’t know how a bankruptcy court would react. I just know that they didn’t let Alex Jones discharge his debt to the plaintiffs. | |||
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