Williams v. Rice

FOSTER, Circuit Judge.

Appellants were adjudged bankrupts in November, 1924. The schedules disclosed no assets, no claims were filed, and no trustee was appointed. In due course the bankrupts were discharged and the estate closed. In February, 1928, more than three years after the adjudication, the bankrupts filed a petition alleging that an asset of approximately $1,500, a balance due on a judgment, about which they did not know at the time they filed their schedules, had been discovered, and they asked that the estate be reopened and a trustee be appointed for the purpose of collecting the…