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Message: Re: Interesting Read - What does a Bankruptcy Trustee do in a Bankruptcy case ? - SMAN

Aug 14, 2017 02:05PM
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Aug 14, 2017 05:45PM

Thanks as always for the constant informative info that springs from you.

This particular article was very interesting as a whole. One comment that I would like to relay to you,

Frank (sunpoop) & a few others from the meeting is this line:

"... The Chapter 7 Trustee has several duties, which include, among other things: 1.) preserving the value of the estate and maximizing the amount of money given to unsecured creditors; ..."

The 2 Trustees should be the ones to preserve the SYNAP patent (from ruin) which is ready for issue after the dues are paid. I am not suggesting where the funds should come from, and only suggesting that the Trustees need to be aware of this quickly.  TIA.

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