In re Margolis
This text of 32 F. Supp. 872 (In re Margolis) is published on Counsel Stack Legal Research, covering District Court, S.D. New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
This is a motion by the bankrupt to reopen the proceedings for the sole purpose of amending his schedules so as to include therein as a creditor, the Executors of J. Clifton Edgar, deceased.
Petitioner was adjudicated a bankrupt on July 28, 1932 and on December 7, 1932 he was granted his discharge.
The Executors of J. Clifton Edgar, who was a mortgagee of property formerly owned by bankrupt, have made a motion for a summary judgment in the Supreme Court for Westchester County upon a bond given by the bankrupt in connection with the said mortgage and the bankrupt, although now allegedly a resident of Pennsylvania, has appeared by attorney in that proceeding and pleaded his discharge.
It appears, however, that J. Clifton Edgar was never listed as a creditor in the' Bankruptcy Schedules and it is urged that since assertedly he had actual notice of the proceeding, amendment of the Schedules should be permitted now.
No useful purpose can be served by including the names of the creditor’s Executors in the Schedules at this late date. The time for filing proofs of claim has long since expired, 11 U.S.C.A. § 93. The State Court may effectively pass upon the scope of the bankrupt’s discharge and consider whether or not the creditor received actual, notice of this proceeding. Birkett v. Columbia Bank, 195 U.S. 345, 25 S.Ct. 38, 49 L.Ed. 231. The motion is denied and the stay vacated. In re Feldesman, D.C., 13 F.Supp. 1010.
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Cite This Page — Counsel Stack
32 F. Supp. 872, 1940 U.S. Dist. LEXIS 3223, Counsel Stack Legal Research, https://law.counselstack.com/opinion/in-re-margolis-nysd-1940.