Can I put my assets in someone else’s name before filing for bankruptcy?

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Can I put my assets in someone else’s name before filing for bankruptcy? | The Golden Law Group | Helping Residents & Businesses Get Financial Stability | (813) 413-8700 | https://www.brandonlawyer.com | 808 Oakfield Drive, Ste A, Brandon, Florida 33511 | 9040 Town Center Pkwy, Bradenton, Florida 34202

Transferring assets out of your name right before filing bankruptcy is considered fraud. If you do that and you file bankruptcy, your bankruptcy trustee could suit the person that you transferred your assets to in order to bring those assets back into the estate. If you do decide to transfer assets out of your name into another’s name, then you should wait at least two years before you file bankruptcy.

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