Legal Question in Bankruptcy in Nevada

Bankruptcy Debtor's Name of Title to Our Property

Whether the Bankruptcy Trustee can take property that you put in your daughter's name and use it to pay her debts depends on the particular circumstances of her case. I would like to remind you that if a creditor sued her and obtained a court judgment, the sheriff could seize that property and use it to pay her debts. While the Bankruptcy Court does provide protection for some assets, I hope your daughter will hire a capable attorney and fully disclose everything in the initial meeting.

Re: Bankruptcy Laws

Your daughter is required under bankruptcy laws to disclose all of her assets; i.e., anything in her name, including the bank account and truck. It may be too late to reverse your decision to retitle your former assets into her name. Your attorney can advise further.