Posted on: 24th Jun, 2010 05:48 pm
I wonder if I may file for chapter 7 after selling a vehicle that did not have a loan, I sold this vehicle 6 months, ago, and I am afraid the court may claim it as fraud.
Hi carlos!
Welcome to forums!
There are chances that the trustee will consider the sale of the car as a fraud and you may be asked to give up the sale proceeds in order to pay off the creditors. I would suggest you to contact a bankruptcy attorney and take his suggestions in this regard. He will be the best person to let you know whether or not selling the car 6 months back will be considered as fraudulent by the trustee.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
There are chances that the trustee will consider the sale of the car as a fraud and you may be asked to give up the sale proceeds in order to pay off the creditors. I would suggest you to contact a bankruptcy attorney and take his suggestions in this regard. He will be the best person to let you know whether or not selling the car 6 months back will be considered as fraudulent by the trustee.
Feel free to ask if you've further queries.
Sussane