Recordation of DOT before case filed
Posted: Tue Nov 14, 2017 5:48 pm
Even if the deal is legit, trustee can avoid the deed of trust as an insider preference for 1 year. So, again assuming the deal is legit, you would need to wait a year before you can file chapter 7. Of course if the deal is not legit, trustee can avoid as a fraudulent transfer for at least 4 years.
Frank X. Ruggier
Sent from my iPhone
> On Nov 14, 2017, at 5:41 PM, sam@southbaybk.com [cdcbaa] wrote:
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> I have requested. Does it make a difference? I was looking at 546 Limitations on Avoidance Actions - but that doesn't seem to help with a possible action under 547 or 548. Those sections are making my head spin!
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The post was migrated from Yahoo.