Bankruptcy Law Questions? Ask a Bankruptcy Lawyer.
So a motion to sell is pretty much a guarantee that the asset (in this case the company listed in the motion to sell) is going to the creditor (which is an individual and former owner who is owed money) regardless of whether anyone showed up to the evidentuary hearing?
Thank you for such a timely response and help. Bankruptcy is such a complicated not very easy to understand subject and your time is appreciated. One last question if I may, is the contingency of all this a physical appearance or by the interested parties representation? Or is that part not even a factor in the outcome of a case?
And any objections or otherwise would have been listed in the court documentation or public records related to the case then, right? I find no objections in the public records to the motion to sell.
I think I understand the process now a little better and sure appreciate your time! Thank you!