Monk's Personal Bankruptcy Case Gets Stranger
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Monk’s Personal Bankruptcy Case Gets Stranger

February 1, 2012


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Ryan Patrich Scott, the monk of many aliases whose bankruptcy case we reported on two weeks ago, has confounded the bankruptcy courts once again with the sheer strangeness of his needs in bankruptcy court. The Chicago Tribune reports that Scott’s case most recently led to an unexpected fire sale of a flock of 18 llamas that were included in Scott’s bankruptcy estate.

Prior to the sale, the federal bankruptcy judges in charge of Scott’s case had been charged with the animals’ care. True to form, Scott protested the sale, which he claimed was unlawful because the llamas were actually the property of the nonprofit faith group he headed in Galesburg, Illinois.

Scott also reportedly protested the amount the llamas fetched at market ($7,000 for the entire flock), which he claimed was well below their fair market value. Bidders at the fire sale auction, however, were apparently hesitant to offer higher dollar amounts for the livestock, because the animals had an uncertain lineage.

While it’s true that Argentine llamas (which Scott’s reportedly were) can be raised for wool and sell for as high as $3,000 to $4,000 each, the farmers who bid on the flock noted that their wool would not be as valuable if they were not descended from animals with the finest pedigrees.

For his part, Scott petitioned the bankruptcy court to auction the llamas publicly so that they might fetch a higher price. In his defense, the self-proclaimed priest had a point: had the llamas pulled in more money, Scott’s creditors would have received more of what the man owed. But the bankruptcy judges were apparently finished attempting to care for the animals.

Sources notes that, following the bankruptcy court’s seizure of the llama herd, the bankruptcy trustee involved in the case had to travel through a snowstorm to ensure that the llamas had sufficient water.

In the end, all 18 llamas were purchased by a couple that shows and keeps llamas of its own. Reports note that the couple’s investment could prove wise: it seems they plan to keep some, sell some, and give some to friends. After an initial assessment, the couple reported that Scott’s herd’s health was strong; this could prove beneficial come reselling time.

At present, it seems that Scott has not yet found a new bankruptcy lawyer to represent him for the duration of his case. If he is unable to find one in the next week, his case will be dismissed, and he will be unable to benefit from the protection of the bankruptcy court.

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