As reported earlier, Mandeep Singh and Jaspreet Kaur filed for bankruptcy under Chapter 7 of the U.S. Bankruptcy Code. Chapter 7 provides for “liquidation” – the sale of a debtor’s nonexempt property and the distribution of the proceeds to creditors. The bankruptcy trustee gathers and sells the Debtor’s nonexempt assets and uses the proceeds of such assets to pay creditors. The creditors have a legal right to recover debts owed by an individual seeking Chapter 7 bankruptcy.

Defendant Mandeep Singh and Jaspreet Kaur are the Debtors in the ongoing Chapter 7 bankruptcy proceeding. The Bankruptcy Code allows a creditor to file a complaint if he believes the Debtor has been dishonest in disclosing their assets. The most common reason a complaint is filed is because the Debtor is thought to be hiding assets or information. For the same reason, Dr. Sidhu has filed an “adversary proceeding” complaint against husband and wife duo Singh and Kaur. 

As per the earlier lawsuit and current filings, Debtors Singh and Kaur issued a promissory note to creditor Dr. Sidhu, promising to pay $127,000 on May 5, 2022, with a balance to pay by July 2022. Singh and Kaur failed to make the agreed payments to Dr. Sidhu. In September 2022, the judgment was entered in favor of Dr. Sidhu in the amount of $149,630 plus interest at 12% and post-judgment attorney’s fees and costs.

Dr. Sidhu is asking the court the discharge of the Debtor should be denied based on multiple facts and allegations. Dr. Sidhu has complained that his reliance on fraudulent representations damaged him by loaning the couple money that was not repaid in full. It is alleged that the Debtors, Singh, and Kaur, willfully and maliciously injured the creditor, Dr. Sidhu, by fraudulently taking over control of Dr. Sidhu’s money with the intent to deprive him of his money.

Per the complaint, it is alleged by Dr. Sidhu that Debtors Singh and Kaur transferred, removed, destroyed, and concealed the following property.

• 2013 Range Rover.
• Gold Coins with a value of $40,000.
• Cadillac Escalade.
• Money in bank accounts, Robinhood account, Coinbase, and TD Ameritrade accounts.
• Investment(s) in the Dominican Republic.

Additionally, Dr. Sidhu alleges that based upon information and belief, Singh and Kaur falsified in their filing for Chapter 7 bankruptcy relief or failed to keep certain records pertaining to specific properties, specifically documents related to – 

• Loans with an individual named Preetpal Singh and transfer of a 2013 Land Rover in exchange for a loan.
• Investments in the Dominican Republic with Inversiones y Entretenimiento PC and the loss of the investments.
• Loans with FYLV and transfer of gold coins and an escalade in exchange for a loan(s).
• Loans made to friends, including but not limited to Rupinder Grewal, Byron Brooks, Nada Nada, Salim Ali, and another individual (name withheld).
• Business records for Singh Customs LLC, A to Z Sales LLC, and Singh and Daughters LLC.  

Further, per filing, Dr. Sidhu believes Mandeep Singh’s sole source of income in 2023 was $52,000 from event ticket commissions, while his wife, Ms. Kaur, only had $664 in income in 2023. Ms. Kaur had no income in 2021 and 2022. Preetpal Singh repossessed their Range Rover. In the filing, the duo failed to list their investments in the Dominican Republic and failed to list money owed to other creditors. Additionally, it is alleged that Singh and Kaur failed to list $40,000 in gold coins, and an Escalade was transferred to a person named Shamir Mamdani.

With all the above withholding of information by Singh and Kaur, Dr. Sidhu requests a judgment against the Defendant/Debtors Mandeep Singh and Jaspreet Kaur.