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Is it fraud to put a non excistant lien on property so creditors cant demand sale?
Wiki User
∙ 10y ago
Yes, definitely.
Wiki User
∙ 10y ago
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Can property owned by a couple be protected from creditors liens by signing a quitclaim deed to one spouse in Oklahoma?
No, this would be fraud on the creditors and they can sue to have the transaction rescinded or nullified.
During chapter 7 can the creditors take your house in South America that you bought for 20k?
No, the creditors can't take the South America property. But, the Bankruptcy trustee can. The only exemption for real property is a homestead exemption and obviously your homestead cannot be in South America if you are filing bankruptcy in the US. So this property would be taken by the trustee and liquidated to pay your creditors. Directly the creditors can't take the property. Failing to list this property (Hey, it is in South America, how will they know????") can lead to charges of Bankruptcy fraud if found out. It is possible that the trustee would allow you to make a monetary offer to keep the property, especially as selling a foreign property is not easy. You would have to provide a valuation of the property proving the value to the trustee.
I have a pending property damage claim on my home can I file chapter 7 and will they take my property claim money?
You should ask your BK attorney, however you cannot conceal those funds and yes, that would be assets considered in the BK to pay creditors. If you say nothing about it, they could go after you for bankruptcy fraud.
Can you remove your spouses name from a home insurance policy without there consent or signature?
No. If the property suffers any damages the proceeds will be paid over to the owners of the property. You would be committing fraud if your spouse is an owner.No. If the property suffers any damages the proceeds will be paid over to the owners of the property. You would be committing fraud if your spouse is an owner.No. If the property suffers any damages the proceeds will be paid over to the owners of the property. You would be committing fraud if your spouse is an owner.No. If the property suffers any damages the proceeds will be paid over to the owners of the property. You would be committing fraud if your spouse is an owner.
During chapter 7 will the creditors show up?
During your 341 hearing, creditors have the right to be present and examine you on several issues. In reality creditors rarely appear at these hearings. In most instances no creditor will appear unless they believe you are hiding assets or committing fraud.
What is the penalty for 18000 property insurance fraud in va?
You will go to jail Martin.
When a person convey their rights to a property can they sue for the property later on?
No. Not unless they can prove fraud, legal incapacity or duress in a lawsuit, and win.No. Not unless they can prove fraud, legal incapacity or duress in a lawsuit, and win.No. Not unless they can prove fraud, legal incapacity or duress in a lawsuit, and win.No. Not unless they can prove fraud, legal incapacity or duress in a lawsuit, and win.
What if don't include your house in our chapter 7 bankruptcy?
You have deliberately perpetrated a fraud on the court and creditors and may face federal prison time if convicted.
Can someone put property in your name without your knowledge?
They can but it could be fraud and deception if you did not know about it.
What if you buy a property that was orignially foreclosed by fraud?
If the foreclosure was no good you may not own the property. In other words, your title is only as good as the foreclosure.
What is property crime?
IP crimes include copyright infringement, trademark infringement, and patent fraud.
What is intellectual property crime?
IP crimes include copyright infringement, trademark infringement, and patent fraud.
