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View Full Version : Transferring / selling assets before filing Ch7?


Lexmark
07-24-2003, 07:01 PM
Hi,

Our lawyer seemed to think it would be best if we transferred (to a
relative) or sold a car and a boat (because they wouldn't be exempt)
and then wait at least 90 days before we filed bankruptcy. Would this
be legal? Seems rather strange, but he's the guy in the know right?
On a related note, we sold another car to my brother about 6 months
ago, will that be ok? Lex

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