Legal Question in Credit and Debt Law in Louisiana
Can i gift my property to my friend before a lawsuit is filed against me? Will this protect the property?
Asked on 10/20/11, 1:53 pm
3 Answers from Attorneys
Martha Amanda Mandi Lucas
Mandie Seale Lucas
You can donate the property but to protect it totally there has to be some compensation even if repayment on debt owed.
Answered on 10/20/11, 2:35 pm
Related Questions & Answers
-
How long does creditor have to bring legal action for a debt Asked 10/03/11, 1:24 pm in United States Louisiana Credit, Debt and Collections Law