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Transfered cars to my kids and want to file ch7

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Post Posted: Sat Aug 15, 2009 12:29 pm    Post subject: Transfered cars to my kids and want to file ch7
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I transfered my kids cars into their names a year ago and we need to file chapter 7 will the trustee come after their cars? We paid cash for the cars, one car 5 years ago (he just traded it in and is financeing another car on his owen) the second car we bought 3 years ago.
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smith.sussane




Joined: 18 Sep 2008

Posts: 10030
Location: Alaska
919.49 Dollars($)
Post Posted: Sun Aug 16, 2009 8:39 pm    Post subject:
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Hi Guest!

Welcome to forums!

As the cars were transferred to you kids about an year ago, I don't think the trustee would come after them. However, you should contact your bankruptcy attorney and take his opinion in this regard.

Feel free to ask if you've further queries.

Sussane
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