The transfer of title to an item of property, especially a house or some other highly valuable asset, is usually something that you are free to do as you please. However, if you deed your house to your wife to avoid losing it to someone to whom you owe money, or to avoid it being taken when you are sued by your neighbor after your dog bites him, it will most likely be considered by the courts to be a fraudulent transfer of title.
What Is It?
This situation most often arises when a person is considering filing bankruptcy or when a lawsuit is filed, and the debtor or defendant is concerned about keeping his house. It is crucial to involve a knowledgeable, experienced lawyer as you make these decisions and before a mistake is made that can’t be unmade. The attorneys at the Law Offices of Clancy & Clancy have been helping people in the Dallas – Fort Worth area protect their assets in ways that are within the law for a combined forty years. Our team approach ensures that you receive the full benefit of our combined experience.
Let Us Guide You
If it’s too late, and you have already made what has been found to be a fraudulent transfer, then you need a law firm on your side that can provide the strong, experienced counsel to help you avoid the serious penalties and costs that can come with a finding of fraudulent transfer. Contact Dallas Criminal Defense Lawyer Clancy & Clancy or call (214) 550-5771 to schedule a consultation.