Personal Bankruptcy Forum


Author:   Anonymous
Date:   October 27, 1998
Question:   If you are filing bankruptcy and want to take the assets you have, let's say $20,000 and give it to your mother to hold in your account - would this be illegal?
 


From:
 

Bruce Alger, Partner - Collins Barrow Limited
Date:   October 28, 1998
Answer:   The short answer is ... yes.



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