Posts Tagged failure

Handling failure

Declaring bankruptcy is a difficult decision for a person or company without the help of bankruptcy lawyers throughout the process can become very complicated. In recent years, bankruptcy laws have changed a lot and that has led to a further increase in demand for bankruptcy lawyers F

Tags: ,

Fraudulent intent in case of failure

Intention does not matter under the bankruptcy code. Under many
states’ laws a transfer to a relative for less than fair value creates
a rebuttable presumption of fraud. There is no such rebutting under
548, where the transfer for less than fair value while insolvent is
avoidable regardless of intent. The point is the transferee got [...]

View full post on Texas Bankruptcy Notes

Tags: , , ,