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son's car

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Posted: Fri Jun 11, 2010 4:25 pm   Post subject: son's car   We are about to file bankruptcy, however, my son's car is in our name. He is 17. Should we transfer it to his name just in case we file chapter 13 so they cannot use it as an asset	Katylife57 New member Joined: 11 Jun 2010 Posts: 1 1.30 Dollars($)
Posted: Fri Jun 11, 2010 5:14 pm   Post subject:    I doubt anyone here knows the bankruptcy laws well enough to answer that question (this is an insurance forum). From what I hear they will go back so many months prior to the filing to see if the person transfered ownership of real property. So I doubt that will work.	tcope Forum Expert Joined: 22 Nov 2006 Posts: 5199 Location: Salt Lake City, UT 286.08 Dollars($)
Posted: Fri Jun 11, 2010 8:59 pm   Post subject: insurance   (My '2 cents'). I don't think that will work, either. When my friend filed BK, her Lawyer/BK Courts went 'back' to see what property was in her name, had long it was in her name, etc.	sdchargersfan Senior member Joined: 21 Aug 2007 Posts: 2055 4.70 Dollars($)
Posted: Sat Jun 12, 2010 12:02 pm   Post subject:    Ask the attorney you're using to file your bankruptcy, he/she will know _________________ "Never, never be afraid to do what's right, especially if the well being of a person or animal is at stake. Society's punishments are small compared to the wounds we inflict on our soul when we look the other way." Martin Luther King Jr.	Lori Moderator Joined: 10 Sep 2007 Posts: 8173 Location: Missouri 287.90 Dollars($)

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