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The bankruptcy filing was designed to facilitate “orderly sales of the debtor’s assets,” he said.

The more likely scenario is that the park’s assets and land, which were recently valued around $21 million, will be liquidated to pay back his debtors.

The billions available to repay defrauded customers includes assets under the control of the debtors, the U.S.

“The committee has no intention of letting the debtor drive his case and the creditors off a cliff,” the lawyers wrote in a recent motion.

Arash Sadat, a Los Angeles attorney who specializes in property disputes, says it is “100%” better for the claimant to have the debtor be deceased and their money in probate.