003 - Forensic Accounting in Bankruptcy Court - Jim Lanik

Jim Lanik is a Chapter 7 Bankruptcy Panel Trustee and law partner at Waldrep LLP.  His role is to administer the bankruptcy code for the Bankruptcy Court.  At times, a Trustee hires a forensic accountant with the Court's permission to assist the Trustee in finding hidden assets and income.  The credibility of the bankruptcy process requires honesty and transparency.

jlanik@waldrepllp.com
www.waldrepllp.com

In this episode, we discuss:

1. The difference between Chapter 7, Chapter 13, and other types of bankruptcy
2. The role of the Trustee in bankruptcy proceedings
3. When and why a forensic accountant or fraud examiner is hired by the Court
4. What a Trustee looks for when recommending a forensic accountant to the Court
5. What happens if bankruptcy fraud is suspected.
6. How a forensic accountant should network with other Trustees
7. How one debtor went on a cruise, which landed him in prison.

If you are benefiting from this podcast, share it with a friend or your group, and don't forget to leave a review on your favorite podcast platform.  A review helps others find this podcast.

Check out www.fraudfighterpodcast.com for more episodes.