transfer of real estate to corporation to reorganize
Posted: Tue Feb 16, 2016 1:13 pm
I want to run a scenario by the group:
client is sole shareholder in longstanding corporation which reports the
operations on the individual's real estate;
such client's real estate is on the brink of foreclosure;
please assume that filing and reorganizing by the corporation is more
advantageous than filing by the individual. Is it bad faith to transfer
the real estate to the corporation one day before filing a reorganization
case?
Giovanni Orantes, Esq.*
Orantes Law Firm, P.C.
3435 Wilshire Blvd. Suite 2920
Los Angeles, CA 90010
Tel: (213) 389-4362
Fax: (877) 789-5776
e-mail: go@gobklaw.com
website: www.gobklaw.com
**Certified Bankruptcy Specialist, State Bar of California, Board of Legal
Specialization*
*Board Certified - Business Bankruptcy Law - American Board of Certification
*Board Certified - Consumer Bankruptcy Law - American Board of Certification
Commercial Litigation
Estate Planning
Outside General Counsel
WE ARE A "DEBT RELIEF AGENCY" AS DEFINED BY FEDERAL LAW.
SERVING BAKERSFIELD, LOS ANGELES, ORANGE COUNTY, RIVERSIDE, SAN BERNARDINO
AND SANTA BARBARA AND THE WORLD FOR CHAPTER 11 AND 15 CASES.
I want to run a scenario by the group:client is sole shareholder in longstanding corporation which reports the op
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