Re: Please help!Fraudulent Transfer Confusion
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Posted by Taziblue
(68.158.107.237) on February 04, 2004 at 21:38:24:
In Reply to: Please help!Fraudulent Transfer Confusion posted by Worried Sick Mom on February 04, 2004 at 20:27:20:
Disclaimer: I am not a lawyer. Let me guess, is this a debt collector telling you this? Fraudlent transfer goes to disposing of assets for low value- example - selling a house to a relative for ten dollars.. This relates to bankruptcy - where you are asking to have your debts discharged. That is where the fraud comes in- if someone tries to get rid of assets and then claim bankruptcy. You really need to speak to a lawyer.
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