Is a debtor required to disclose all causes of action to the bankruptcy court?

federal, United States of America

The following excerpt is from Nasseri v. Tadayon (In re Tadayon), BAP No. NV-18-1119-BKuTa (B.A.P. 9th Cir. 2019):

A debtor is responsible for disclosing all assets to the bankruptcy court, including prepetition causes of action. Cusano v. Klein, 264 F.3d 936, 947 (9th Cir. 2001) ("Causes of action are separate assets which must be formally listed."); 521(a)(1). When a cause of action becomes property of

Page 13

Other Questions


Can a plaintiff bring a cause of action in the Federal Bankruptcy Court against a debtor in his bankruptcy? (MultiRegion, United States of America)
Is there any case law where a bankruptcy court erred when it rejected an appeal from a debtor who argued that the debtor should be declared bankrupt because the debtor was unable to access the debtor's assets? (federal, United States of America)
What are the implications of a federal bankruptcy court's affirmance of a bankruptcy court order requiring the debtor to repay a judgment against him? (MultiRegion, United States of America)
When a debtor files for bankruptcy relief in the federal bankruptcy court, does the debtor have access to letters of credit? (MultiRegion, United States of America)
Does Section 542 of the Bankruptcy and Insolvency Act, 542(1) of the Code of Civil Procedure, which prohibits a debtor from entering into bankruptcy, or does the Debtors have to close the transactions in order to get out of bankruptcy? (federal, United States of America)
Does a debtor have waived the issue of whether the bankruptcy court erred by dismissing the third and fourth causes of action? (federal, United States of America)
When a litigant claims that a lower court has taken action beyond its jurisdiction, does the court have power to require the lower court to set matters right? (MultiRegion, United States of America)
In a bankruptcy proceeding, is a party required to notify the debtor of a potential cause of action as a contingent asset? (MultiRegion, United States of America)
When a non-debtor spouse of a debtor is in a bankruptcy proceeding, does the debtor have any interest in property that would have been part of the debtor's estate? (federal, United States of America)
When a court declines to exercise jurisdiction pursuant to the Colorado River doctrine, does the court have to stay the action or dismiss the action? (MultiRegion, United States of America)
X



Alexi white


"The most advanced legal research software ever built."

Trusted by top litigators from across North America.