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Bankruptcy

: The Debt Podcast

Bankruptcy Attorney Has Duty to Check on Alleged Perfection of Security Interest, Idaho Court Rules

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According to an Idaho bankruptcy court, a lawyer has an obligation to check whether a motor vehicle security interest has been properly filed and perfected, based upon new bankruptcy code section 704(b)(4)(D)’s requirement that a lawyer certify, after an “inquiry,” that the information in the bankruptcy papers is correct. In re Dean, 2008 WL 5683493 (Bky.D.Idaho Dec. [...]

Full post as published by The Debt Podcast on April 01, 2009 (boomark / email).

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