Blog Posts in October, 2012
Posted on Oct 29, 2012 By The Presser Law Firm, P.A.
When is a transfer considered for less than fair value? One obvious situation is when the debtor merely gifts his assets. However, proving a sale was made for less than fair value can sometimes be ...
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Posted on Oct 22, 2012 By The Presser Law Firm, P.A.
Since actual fraud cases are difficult for creditors to prove, creditors more often claim constructive fraud. Constructive fraud is a gift or sale of property for less than fair value (or fair ...
Continue reading "What if I transferred my assets but didn't actually intend to defraud my creditor?" »
Posted on Oct 15, 2012 By The Presser Law Firm, P.A.
There are two types of fraudulent transfers: 1) Fraud in fact, or actual fraud, and 2) Fraud in law, or constructive fraud. Actual fraud is when you actually intended to hinder, delay or defraud your ...
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Posted on Oct 8, 2012 By The Presser Law Firm, P.A.
Every state has fraudulent transfer laws. Some call it the Uniform Fraudulent Conveyance Act (UFCA), and others the Uniform Fraudulent Transfer Act (UFTA). Fraudulent transfers or fraudulent ...
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Posted on Oct 1, 2012 By The Presser Law Firm, P.A.
With asset protection planning there are many things that one can do wrong. The three biggest blunders are those mistakes that can breach your protection or get you into trouble. You'll want to ...
Continue reading "What are the most common planning errors to avoid?" »