[WSBAPT] use of Bankruptcy to protect trust assets

[Mike Winslow]

Caller is seeking referral to an attorney for advice about protection from
collection on a personal guarantee made by decedent. Guarantee enforcement
risk is substantial, with $100s of thousands at risk.
Decedent guaranteed loan during life time. All assets in Revocable Living
Trust at death. No known defenses to payment under guarantee. Bank working
on foreclosure, to be followed by action for deficiency on loan under
guarantee agreement.
 
Decedent's successor trustee filed non-probate notice to creditors. Bank
filed claim. 
Successor trustee now wants advice from a debtor-creditor attorney or
bankruptcy attorney. Not a garden variety bankruptcy issue, to my thinking.
Suggestions for referral?
 
Michael A. Winslow
1204 Cleveland Ave.
Mount Vernon, WA 98273
Ph. 360-336-3321
Em. Mike at winslegal.com
 
This message is from an attorney, so it's confidential. If you are not the
intended recipient, it's too late to stop reading this message, but you may
not use it for any improper purpose. Huge Disclaimer available upon request.
 
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