'Gasson v. Premier Capital': The Second Circuit Adopts the Continuous Concealment Doctrine
The Second Circuit joined other Circuit Courts in adopting the continuous concealment doctrine.
August 25, 2022 at 10:45 AM
5 minute read
BankruptcyAn important consumer bankruptcy decision recently issued by the U.S. Court of Appeals for the Second Circuit is Gasson v. Premier Capital, 2022 WL 3007921 (2d Cir. 2022). There, the Second Circuit joined other Circuit Courts in adopting the continuous concealment doctrine. Pursuant to the continuous concealment doctrine, if a debtor conceals an interest in personal or real property for more than a year prior to the filing of his or her bankruptcy case and the concealment of the property continues throughout the year prior to the filing of a debtor's bankruptcy case, then, pursuant to Bankruptcy Code §727(a)(2)(A), this is a basis for the denial of a debtor's discharge.
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