Reply to post:

A correction: the court didn't order the sale of the condo.

Hansmeier initiated the sale process without informing the court. He was attempting to sell the property, presumably with the proceeds immediately going to his wife and trusts and thus being unreachable by the bankruptcy cout. He has used trusts in the past to move money out of his companies, leaving them insolvent.

Even after the sale was caught by the trustee, Hansmeier was attempting to retain control of the money in a trust held by his lawyer. The trustee objected. The reason wasn't stated in the hearing, but it was clear to those involved. If Hansmeier controlled the money, he had already planned the scheme to drain that money from that account. One of his earlier trusts, Monyet, was used to drain money from his insolvent 'Alpha Law LLC'. Monyet has been paying the mortgage and for various "improvements". It's now clear why that was happening. It was so that a big chunk of the sale proceeds would go to that trust to "pay back" its "investment" in the property. They would attribute the increase in value to the "improvements", leaving only a token amount as a net gain after the bank mortgage and closing costs were paid.

Don't worry too much about Hansmeier being out on the street. He, along with Steele, have devoted years to dodgy schemes, shell companies, and making themselves judgement-proof. This was just one of his many hidey-holes for money. There are millions of dollars that haven't been traced.