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Just navel gazing here maybe there is case precedent or law here. The debtor generally deserves their case to be discharged resolved liquidated closed and done
by amyames 2y ago
Just navel gazing here maybe there is case precedent or law here.
The debtor generally deserves their case to be discharged resolved liquidated closed and done forever.
Paying ongoing reparations in royalties or whatever the onion proposes doesn’t accomplish this. Alex Jones himself could convert his case to a chapter 13 and set up a “repayment” plan based on his own anticipated/potential earnings from his own business. It would possibly even be higher, infowars intended audience is probably more profitable than people laughing at infowars on Ben Collins bluesky feed.
The people who got a personal judgment aren’t made whole by a promise of future restitution by someone purchasing his business assets.
What if the onion went bankrupt next year and said oh we’re not going to pay that anymore?
That would be an interesting case to test: a person being relieved from a fraud or criminal tort, as it’s handed off to a third party buying their business, who themselves didn’t commit fraud or a criminal tort and merely became insolvent which is dischargeable.
In the case where the “creditors” own the asset to settle their claim, that’s another story, whether they make $1 or a billion dollars disposing of it is no longer the debtors problem
In the same way that returning my smashed up uninsured car to a secured lender doesn’t make them whole for my discharged loan either.
- Suppafly 2y ago>Paying ongoing reparations in royalties or whatever the onion proposes doesn’t accomplish this. Sure it does, the Onion would be paying the royalties, Alex Jones already doesn't own it, it's essentially owned by an estate that is selling it off to cover Alex Jones' debts.