Legal Question in Criminal Law in New York

bankrupcty fraudIf
If a married couple, husband and wife, file bankruptcy, wiping out a debt of $250,000,00 and fails to report that they recieved the title of a house valued at $300,000.00, 30 days after closing up the bankrupcty, from their mother, who was dying,( they received the title not in an inheritance but in a simple quick claim deed while the mother was alive,)
hiding the assests from the court.

They lived in this house while in bankruptcy and conversations with the family members, state that they always knew they were going to get the house, but had to file bankruptcy first.

It is my undersatnding that having filed a bankruptcy and taking title to property less then 180 days from the date of filing, and not reporting it to the court is fraud.

What is the law and the statue of limitation on bankruptcy fraud.

Asked on 6/30/01, 7:56 am

Garry Hanlon

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0 attorneys agreed

Re: bankrupcty fraudIf

I seriously doubt if this is fraud

Life could be made difficult with examinations

by the Trustee but this probably won't fly

I would be curious if the mother did die

within the six month period as to whether

this becomes a gift causa mortis, causing

the need to tell the Trustee

But without more, cannot tell. Hire a

lawyer to further investigate

Answered on 7/03/01, 10:05 pm

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