Legal Question in Bankruptcy in California

It might not have been very smart to dispose of the guns the way that you did -- good heavens, what if one of them is used in a crime? But the bankruptcy court is not going to care unless the amount was large and you sold them immediately before the BK. Check with the attorney who is handling your BK.

The Statement of Financial Affairs section of the court-filed bankruptcy paperwork requires specific information regarding transfers of assets and such information is requested at meetings of creditors hearings. A pertinent issue from a trustee's perspective is the preservation of the bankruptcy estate and potential "hindering" of creditors by effecting concealment of assets that could otherwise have been liquidated for payoff of debts. Whether there is an appearance of a "fraudulent" transfer would depend upon the value of the transferred asset and assuming they were not collector items, the values of the weapons may not have been signfiicant in bankruptcy terms. The above are relevant bankruptcy considerations; I'm sorry, I can't comment regarding rules/protocol of selling guns to private parties.

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