Southfield Asset Protection Attorneys

Bankruptcy Lawyers Serving Your Best Interests

Protecting assets is a technical artwork, and a miscalculation could have serious consequences for a debtor. The objective is to place property beyond the reach of creditors without committing a fraudulent conveyance which could result in total denial of discharge if bankruptcy follows.

A fraudulent conveyance is a transfer of money or property that is either for less than reasonably equivalent value or made with the intent to place the property beyond the reach of creditors. An example of a fraudulent conveyance could be transferring or selling your assets to someone without receiving something equivalent in return.

If there is a creative solution to minimize the loss of your assets, our Southfield bankruptcy attorneys will devise a game plan and strategy for you.