Sentences with phrase «transfer an asset prior»

Never, ever transfer an asset prior to filing bankruptcy - or definitely not before talking to me.

Never, ever transfer an asset prior to filing bankruptcy — or definitely not before talking to me.

Furthermore, if you transfer assets prior to filing bankruptcy, the trustee may be able to void the transfer so the funds can be used in your bankruptcy.

Not exact matches

Except as set forth in paragraph (D)(2) of this appendix, recipients will attribute to an individual claiming disadvantaged status any assets which that individual has transferred to an immediate family member, or to a trust, a beneficiary of which is an immediate family member, for less than fair market value, within two years prior to a concern's application for participation in the DBE program, unless the individual claiming disadvantaged status can demonstrate that the transfer is to or on behalf of an immediate family member for that individual's education, medical expenses, or some other form of essential support.

You should always check your contract before transferring from one annuity to another.You may wish to seek independent legal or financial advice before selling or liquidating any assets and prior to the purchase of any life or annuity products.

To offset this, I strongly encourage a minimum of 2 years living expenses be transferred into a safe and liquid asset class (e.g., money market fund) prior to retirement.

Orders received by the transfer agent in good order on or prior to the close of the fund will be processed at the net asset value per share of the fund for that day.

The defendant's grandfather made a number of testamentary changes transferring most of his assets between 2007 - 2008, prior to his death that same year.

Seeking an accurate account of all assets may also reveal hidden assetsthat were not reported or transferred prior to divorce in order for a spouse to avoid dividing the true marital estate.

As for real estate, probate laws and courts provides a way for someone else to transfer assets, including real estate, subject satisfying any debts that you've incurred prior to passing.

If you want to go this route without a challenge, the asset transfers should occur no less than 90 days prior to the date of the loan application.