Legal Question in Bankruptcy in Minnesota
we are about to go bankrupt; can i sell intellectual property days before filing?
Asked on 3/13/12, 2:10 pm
1 Answer from Attorneys
Charles Andersen
Charles Andersen, Atty
San Diego Bankruptcy Attorney You can, but you would need to sell it for fair market value, disclose the transfer on the bankruptcy case, and keep an accounting of the cash you received from the sale,.
Answered on 3/13/12, 9:15 pm
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