By Jeff Field | Published September 30, 2022 | Posted in Bankruptcy | Tagged Tags: badges of fraud, chapter 7, fraudulent transfers | Leave a comment
How Fraudulent Transfers Can Frustrate Your Bankruptcy Case
Some bankruptcy filers attempt to shield some of their assets by transferring them to other people. They give away assets or sell them at nominal prices to family members, or friends. Unfortunately, moving assets around shortly before filing for bankruptcy can be deemed fraudulent transfers or fraudulent conveyances. They can be discovered and undone by Read More
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Making Sure Your Chapter 13 Payments Go Into the Right Hands
In a Chapter 13 Bankruptcy, also known as reorganization, the debtor agrees to a court-approved plan to repay a portion of his or her outstanding debts. Eligible creditors are paid specified amounts over the life of the plan, which is three to five years. However, in devising Chapter 13 plans, there are many opportunities for Read More
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