Bankruptcy Law Questions? Ask a Bankruptcy Lawyer Now.
You would appear to need to wait out a 2 year look back period.
A transfer of the debtor’s assets for less than a reasonably equivalent value in exchange for such transfer is considered to be a “fraudulent conveyance”. Bankruptcy Code §548 provides for the avoidance of fraudulent transfers within two years before the bankruptcy filing date. Transfers to self settled trusts and similar devices are subject to a longer avoidance reach back (10 years). Bankruptcy Code §548 is attached in full to the end of this post.
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