I think his point was that even if the checks hadn't bounced, and they filed bankruptcy, there is a chance that you would have to give the money back. The trustee would seek to recover the preferential payment for the bankruptcy estate to share with all of the unsecured creditors.
Feel free to correct me if I am wrong, Kevin.
Best,
Robert A. Franco
SOURCE OF TITLE
to post a reply:
login - or -
register