I have been building a large residence for a CEO who was recently forced to resign. He and his former companies are in chapter 7 bankruptcy, and some of the checks that his company issued to construction vendors have been reversed up to three months after clearing. It seems that no one's accounts are secure. What can I do to protect my rightfully earned money?
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The laws of bankruptcy often take precedence over standard banking rules. If you have concerns that money you've been paid might be "recovered" by the bankruptcy trustee, you should consult an attorney for advice.
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The laws of bankruptcy often take precedence over standard banking rules. If you have concerns that money you've been paid might be "recovered" by the bankruptcy trustee, you should consult an attorney for advice.
