Legal Question in Bankruptcy in California
If I place my home in an irrevocable trust, how long must I wait to declare bankruptcy and have the house remain safe?
Asked on 5/04/12, 4:39 pm
2 Answers from Attorneys
Charles Andersen
Charles Andersen, Atty
San Diego Bankruptcy Attorney A long time, at least six years and you still may not get away with it.
You should consult with an expert bankruptcy attorney as such drastic measures may not even be necessary.
Answered on 5/04/12, 4:46 pm
Scott Jordan
Jordan Law Office
Actually, the look-back period is 5 years in California.
Please contact a San Diego Bankruptcy attorney for assistance.
Answered on 5/04/12, 6:12 pm
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