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Home / Opinion Digests / Property Transfer to Parent Was Fraudulent (access required)

Property Transfer to Parent Was Fraudulent (access required)

A debtor who transferred 90 percent of his interest in a 50-acre parcel to his mother for $10, but delayed notarizing the deed until shortly before the rescheduled foreclosure sale, and then failed to disclose his transfer, may not have the debt discharged, as the Roanoke U.S. District Court affirms the bankruptcy court. Debtor’s closely held ...

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