DEBT RESTRUCTURING WITH NEW COLLATERAL FRAUDULENT TRANSFER?

HOW CAN A DEBT RESTRUCTURING WITH NEW COLLATERAL POSSIBLY BE A FRAUDULENT TRANSFER?  ANSWER:            LIENS MAY BE SET ASIDE AND DEBT PAYMENTS DISGORGED IF THE PARTIES PLEDGING THE ADDITIONAL COLLATERAL DID NOT RECEIVE VALUE REASONABLY EQUIVALENT TO THE OBLIGATIONS INCURRED. You would think that curing a $2 billion loan default, restructuring loans and preventing further […]

Joe Paterno House Transfer Won’t Shelter Him – Asset Protection FAIL

As always, timing is everything in Asset Protection planning, rule number one is always do something today, while the waters are calm and you have the greatest number of effective  legal options. The link to the story below shows how poorly timed, late transfers are viewed. Sometimes the late transfer is intentional, sometimes it’s just plain […]