Legal Question in Bankruptcy in Ohio

we came into a large amount of money 2 years ago, gave son a gift of 5000..we are in Ohio, what would be the look back on this, would it be a gift or a conveyence? at thta time we never expected to be filing for bankruptcy, we just started to have financial problems this nov. Our plan is to file ch7 in march2010.thank you


Asked on 11/25/09, 8:34 pm

1 Answer from Attorneys

David Michael Benson Benson Law Firm

Trustee will ask if you've made a gift within one year of filing totaling more than $200.

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Answered on 12/01/09, 10:32 am


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