I have more money than I can protect from creditors when I file bankruptcy. What should I do?

Congratulations! You're not one of the many people who "go through" everything they could have kept when they file a bankruptcy, so they lose a large benefit of the bankruptcy Fresh Start. You have the opposite problem. How do you keep, rather than lose to your creditors, the money that you can't protect with "exemptions"? (more…)

I gave my car to my brother and now I'm ready to file bankruptcy. Wrong!

If you gave your car to your brother and think you're ready to file bankruptcy, you are about as wrong as wrong can be.

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Think the trustee in your bankruptcy won't find that boat?

Do you have a thought that you might not report something you own in your bankruptcy filing? After all, how is the trustee going to find out? Before you actually do something like that, let me count the ways the trustee might find out. (more…)

Think the trustee in your bankruptcy won't find that boat?

Can I Sell Things Before I File a Chapter 7 Bankruptcy?

I have lots of "stuff" that is worth significant money, like two paid-off cars, restaurant equipment (restaurant is closed), a boat, etc. Can I sell those things before filing Chapter 7 bankruptcy (more…)

Can I Keep My Car in Bankruptcy?

"Can I Keep My Car in Bankruptcy?", or a similar question, is one I hear frequently as a bankruptcy lawyer. (more…)

Can't I just transfer the title of my car to my sister?

I've heard that question, or one like it, many times. (more…)