Legal Question in Bankruptcy in Texas

I've been sued, but haven't gone to court yet. I'm planning to file for bankruptcy. As I understand it, my wife and I will probably be allowed to keep one car each. I happen to have a third car and would like to keep it. Can I sell it to my son, who is 26 years old, prior to filing for bankruptcy? The bankruptcy will probably be filed within the next week or so.


Asked on 5/20/11, 10:00 am

2 Answer from Attorneys
Donald McLeaish McLeaish&Associates;, P.C.

call us ...we normally discourage bankruptcy...and being sued does not mean there will be a judgment against you...but if cars are paid for..you can sell to anyone..but need to report in filing bankruptcy if within a year.....so unless u have hired a lawyer, call..consultation free 972 298 4641

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Answered on 5/20/11, 2:08 pm


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