Legal Advice and Services Blog

Question by Steve M: Can a transfer be deemed fraudulent if a third party transfered the debtors assets before a ch.11 bankruptcy? I’m referring to Fraudulent Conveyance under chapter 11 bankruptcy law in the event that a third party (someone other than the debtor) transferred assets owned by the debtor within 1 year of the [...]

Question by Selena: Bankruptcy is the legal proceeding for distributing to creditors the assets? I’m lost when it comes to these questions. Which of the following judicial powers does Congress NOT have? The power to create federal courts. The power to override Supreme Court decisions by majority vote. The power to provide for the punishment [...]