Sunday, July 17, 2011

My mother's companion filed Chapter 7 bankruptcy after transferring title to a Harley-Davidson to her?

This happened about 6 months to a year prior to filing to keep the courts from seizing it. The value of the motorcycle would have been about what he charged off (or discharged). He was able to sneak through the proceedings without getting caught. Would the Chapter 7 trustee be interested in knowing about this. Is there a time frame in which you can transfer title to property without the court taking an interest or will this clearly be seen as a bad faith transfer that the court would like to know about.

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