Bankruptcy Law-Transfering Property Prior to Bankruptcy in Oklahoma

TRANSFER OF ASSETS PRIOR TO BANKRUPTCY When transferring certain assets prior to bankruptcy filing, one must be extremely careful as certain transfers may be considered fraudulent and the transfer can be voided by the bankruptcy court. Determination of fraudulent transfer depends on the Debtor’s actual intent to hinder, delay or defraud any creditor and the Bankruptcy court is able to look back at transferred…

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