What is an adversary complaint in bankruptcy?

Answer by  cynosure (376)

The main case in a bankruptcy is where the court handles general case administration and anodyne actions that will affect the entire creditor body. An adversary complaint is a separate action - much more akin to a typical lawsuit - that concerns the debtor and a limited number of counterparties, and that treats conflicting positions rather than consenting accords.

Answer by  Sylvia (759)

When a situation cannot be resolved with negotiation or by the judges motion. It is comparable to a civil action.

Answer by  cyclechamp (5)

If a creditor objects to whether a debt should be discharged, or the US trustee's office objects to the debtor obtaining a discharge altogether, they can bring an adversary complaint.

Answer by  Ann89 (613)

An adversary complaint is money involved in an estate which has filed for bankruptcy. It can be a complicated and lengthy process.

Answer by  tamarawilhite (17883)

An adversary complaint in bankruptcy is when you state the situation as you believe it to be, such as your business income, personal assets, and extenuating circumstances of why debt cannot be paid. It also says why you should get relief from the defendant.