Client has contacted me regarding the filing of a Chapter 13 bankruptcy case. He was married in Oklahoma City. He and his wife divorced in the Dominican Republic. He has a Dominican “certificate of divorce.” He was referred to me by another attorney who thought he was still married in the US and thus could [...]
I’m working on a soon to be filed Chapter 7 bankruptcy. My Dallas client, single, had a consensual relationship from which a son was born. He is 10 yrs. old. They terminated the relation in a friendly manner and agreed verbally to his support, my client is … View full post on Bankruptcy Information Dallas
Intention does not matter under the bankruptcy code. Under many states’ laws a transfer to a relative for less than fair value creates a rebuttable presumption of fraud. There is no such rebutting under 548, where the transfer for less than fair value while insolvent is avoidable regardless of intent. The point is the transferee [...]
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