What might you do to challenge the bankruptcy this time


Problem

You are investigating a debtor in a bankruptcy proceeding. The debtor has a very slick lawyer who has handled many bankruptcies for failed businesses in the past. In the four cases that you have observed with the same attorney, the debtors claimed that all of their financial records had been lost or destroyed. Without any records, it was nearly impossible for the creditors to challenge the bankruptcy. What might you do to challenge the bankruptcy this time?

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Accounting Basics: What might you do to challenge the bankruptcy this time
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