I Heard That . .. I Can Give Away My Stuff
So I Don't Lose It to My Creditors.

 In the right circumstances this is known as fraud.  That's probably a bad idea.

Giving away your things to avoid having them taken by your creditors (or by a bankruptcy trustee) could result in having the property taken back for those creditors anyway, denial of bankruptcy relief and, in serious cases, a criminal charge being brought against you.

Saving your property through the bankruptcy process is what we help you do.  Giving away your stuff so you don't lose it isn't a plan and it won't help.
Copyright 2007-11 Sherk & Swope, LLC
Member: Bankruptcy Law Network
I Heard That...
10/11
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