Legal Question in Bankruptcy in Louisiana
Can I sell my house then take the equity and put it all on my student loans THEN file bankruptcy? Is that OK to do?
Asked on 9/17/16, 6:07 pm
2 Answers from Attorneys
Charles Andersen
Charles Andersen, Atty
Talk to an attorney in person. Too many if's to answer based on the information given.
I will say that the trustee might consider the pay off of the student loads to be a preferential transfer,
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Answered on 9/18/16, 11:44 am
Robert Louque
The Louque Law Firm, L.L.C.
Can you do that? I guess you can. Should you do that? Absolutely not.
Answered on 9/19/16, 3:51 pm
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