Wamboldt (Re)

Because the trustee accepted payment for alleged equity but did not reference any equity in the trustee's s.170 report, the court set aside the original conditional certificate of discharge, granted an absolute discharge and ordered the trustee to return the monies received.

Citation: 2002 NSSC 304
Parties: Trustee: PricewaterhouseCoopers Inc.; Bankrupt: Richard Elmer Wamboldt
Court: Supreme Court of Nova Scotia
Jurisdiction: Canada
Judgment Date: 28 January 2002
Procedural Posture: Bankruptcy / Discharge Application
Outcome: Original certificate of discharge (conditions met) set aside; Absolute Order of Discharge granted; Trustee ordered to return monies paid under the original conditional order.
Legal Topics: Discharge, Trustee Reporting Obligations, Equity in Homestead, Conditional Discharge, Return of Funds
Source Language: English

Bankruptcy Law Insolvency Discharge Trustee Reporting Obligations Equity in Homestead Conditional Discharge Return of Funds

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Parties

PricewaterhouseCoopers Inc.

Trustee

Richard Elmer Wamboldt

Bankrupt

Procedural Posture

Bankruptcy / Discharge Application

Legal Issues

1 Whether the original certificate of discharge (conditions met) should be set aside
2 Whether the trustee properly disclosed equity in the bankrupt's home in the s.170 report
3 Whether monies paid under the original conditional order must be returned to the bankrupt

Ratio Decidendi

Court Disposition

Original certificate of discharge (conditions met) set aside; Absolute Order of Discharge granted; Trustee ordered to return monies paid under the original conditional order.

Orders

Set aside the original certificate of discharge (conditions met).
Grant an Absolute Order of Discharge.