Legal Question in Bankruptcy in Ohio
we came into a large amount of money 2 years ago, gave son a gift of 5000..we are in Ohio, what would be the look back on this, would it be a gift or a conveyence? at thta time we never expected to be filing for bankruptcy, we just started to have financial problems this nov. Our plan is to file ch7 in march2010.thank you
Asked on 11/25/09, 8:34 pm
1 Answer from Attorneys
David Michael Benson
Benson Law Firm
Trustee will ask if you've made a gift within one year of filing totaling more than $200.
Answered on 12/01/09, 10:32 am
Related Questions & Answers
-
I'm filing chapter 7 bankruptcy, by the means test is military retirement pention... Asked 11/22/09, 8:53 am in United States Ohio Bankruptcy Law
-
Are Chapter 13 payroll deductions (for the monthly payment) pre-tax deductions? Our... Asked 11/19/09, 11:42 am in United States Ohio Bankruptcy Law
-
My home is currently in a foreclosure state but we are working with the mortgage... Asked 11/15/09, 4:56 pm in United States Ohio Bankruptcy Law
-
If you are legally married but seperated and only one of you file for bankruptcy,... Asked 10/29/09, 9:27 pm in United States Ohio Bankruptcy Law
-
My fiance is considering bankruptcy due to her credit card debt from her and cards... Asked 10/28/09, 2:28 pm in United States Ohio Bankruptcy Law