Assertion: plaintiff's case | /r/HasProperty | closed without the cause of action
Facets:
Source sentences:
text: While the existence of the lawsuit will certainly come to light if the bankruptcy court is asked to approve your employment for the purpose of prosecuting it (see below), some debtors may not realize that the cause of action is an asset that needs to be scheduled as such in the bankruptcy—and the failure to schedule an asset can come back to bite a debtor who might assume, after a Chapter 7 case is closed without the cause of action in question having been “administered” by the trustee, that the lawsuit again belongs to him or her.