Bankruptcy Law Questions? Ask a Bankruptcy Lawyer Now.
Are you asking about the Bankrutpcy trustee or the trustee that would be selling the home?
What did you mean when you asked if the trustee would get involved if you were did not back off after filing?
Was the property that was transferred to your son an absolute transfer, or did you retain an interest in the property?
What did you mean when you asked if the trustee would get involved if you were did not back off after filing?Did you mean what would happen if you filed the rest of the papers, instead of letting the Bankruptcy be dismissed?
Did you want to know if the trustee can do anything to the property you transferred to your son?
The trustee cannot do anything about property that was transferred more than 2 years before the Bankrutpcy was filed. Bankrutpcy Stat. 548(a). This is the case whether or not you file the rest of the papers. However, if you do not file the rest of the papers, the case is just dismissed, and is not assigned to a trustee.
I think this is what you wanted to know. If not, please let me know.Thank you!
Bankrutpcy Statute 548 applies to all Chapters - including 7 and 13.
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