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farm land transfer (sale)

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Posted on Thursday, December 07, 2006

Recently My father sold his Farmland to me at below market price.And now as a result of bad luck & recent a car accident. His back is against the wall & considing bankruptcy..
how much time is required to pass before this land transfer will not be under the scrutiny of his creditors...

1 Comments:

At 8:43 AM, Laurie Macgregor said…

In the event of bankruptcy, the Trustee will investigate all transactions with family going back five years. This is a complicated area of the law, we suggest you contact us for more information.

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