Steven Grace Law

Asset Protection

woman planning fraudulent conveyance

Fraudulent Conveyances and Bankruptcy

I frequently receive inquiries about whether transferring a house into a friend’s name before filing for bankruptcy is a viable strategy. Beyond the severe risks of bankruptcy fraud, there are other crucial considerations. A Chapter 7 or Chapter 13 bankruptcy trustee has the authority to invalidate such transfers, potentially selling the property and distributing the […]

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locks that symbolize the asset protection of tenancy by the entirety

Tenancy by the Entirety in Bankruptcy: Protecting Your Home in Tough Times

Owning a home is a major part of the American dream, and protecting that investment is crucial, especially during difficult financial times. If you’re considering filing for Chapter 7 bankruptcy, understanding how tenancy by the entirety can help shield your home is essential. What is Tenancy by the Entirety? Tenancy by the entirety is a

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