Legal Question in Civil Litigation in Missouri
civil suit
I can do anything i want with my money prior to being found guilty and paying damages to other party right?
Asked on 3/24/07, 8:36 pm
1 Answer from Attorneys
Anthony DeWitt
Bartimus, Frickleton Robertson & Gorny, PC
Re: civil suit
If you are thinking of giving assets to someone else to hold for you (e.g., giving your brother your car & $15,000) until the plaintiff goes away and forgets about you, this is called a "fraudulent conveyance" or a transfer to defraud creditors. Courts go back and will allow a transfer that occurred up to a year prior to a judgment, but a transfer in the weeks or months before a judgment is usually suspect and can often be attacked in court.
Answered on 3/26/07, 10:36 am