Legal Question in Bankruptcy in Illinois

Can I give my assets to my wife and then file bankruptcy?


Asked on 4/09/10, 10:18 am

2 Answers from Attorneys
Jonathan Shimberg Shimberg and Crohn, P.C.

No. That's a fraudulent transfer. It might even be a fraudulent transfer in a divorce context.

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Answered on 4/14/10, 12:12 pm
Frank Vosholler Law Office of Frank L. Vosholler III

What Jon says is absolutely correct. If you were to transfer assets, the trustee can still go after the property even if assets changed hands legally.

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Answered on 4/14/10, 8:35 pm


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