Hello all,
I would like advice on the following.
1) if one had transferred property for love and affection in excess of 3 years prior to Irish Bankruptcy would it be safe from creditors, if not how many years required.?.
2) how long does property have to be transferred in the English/Scottish system to be safe from creditors.?.
3)How long does one have to inform your creditors prior to declaring Bankruptcy in IRELAND, ENGLAND or SCOTLAND ?.
Many thanks in advance,Joseph63
You never have to tell your creditors you are going bankrupt, they only need to be able to ascertain where you live, and hence all you need to do is tell them a change of address.
Am I the only one that has a bit of a concern about the "how do I defraud my creditors" tone of this thread?!
joseph63
1st answer, is the sale proceeds made from the transfer
If you only take 1 piece of free advice, do not go down a road built on lies and subterfuge.
Your whole application and protection afforded by Bankruptcy will become void if discovered.
Your are either prepared for an application and disclosure, or you wait until a time that suits.
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