Legal Question in Bankruptcy in California

How long does the trustee have to "avoided" transfers they are trying to call fraudlent transfers?


Asked on 8/16/10, 5:04 pm

2 Answers from Attorneys
Michael Stone Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE

Usually a fraudulent transfer occurs when a debtor transfers property or assets immediately before the bankruptcy in order to avoid having the assets counter as part of the bankruptcy estate. If someone is claiming you made a fraudulent transfer, the attorney who is handling your bankruptcy will know what to do.

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Answered on 8/21/10, 5:35 pm
Tony Carballo Carballo Law Offices

The trustee can have usually 2 years but up to 4 years in some cases depending on the circumstances.

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Answered on 8/21/10, 5:51 pm


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