Legal Question in Real Estate Law in Florida

Re: bankrupcy

Transfers made to hinder,delay or defraud creditors are subject to being set aside.

Failure to disclose the transfer is an additional ground to deny a discharge and impose sanctions.

See other answer you received to your question.

Re: bankruptcy

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Maybe. The trustee can and will challenge any transfers to a relative done in contemplation of filing a bankruptcy. If the trustee determines that it was a fraudulent transaction in order to defraud creditors, you may face severe penalties which may include the dismissal of your bankruptcy to federal criminal charges. It is generally not a good idea to take action as you suggest unless you wait a substantial period of time afterwards in order to file your bankruptcy. You should consult a qualified bankruptcy attorney in your area before taking any action.

Scott R. Jay, Esq.