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Potential Bankruptcy Debtors Looking To Avoid Garnishment Of Their Bank Accounts Should Pay Heed To The Woeful Tale Of Dr. John Tomberlin
May 12th, 2021 - Posted in BA Blog, Dana R. Quick by Dana Quick
After more than a decade of litigation over a personal guarantee, Dr. Tomberlin effectively stripped himself of a bankruptcy discharge through the use of his business bank account over a 4-month period, in a ruling affirmed this week by the 11th Circuit, leaving him on the hook for a $20 million judgment. (more…)