{"id":93355,"date":"2008-09-03T06:01:00","date_gmt":"2008-09-02T23:01:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-we-transfer-ownership-to-avoid-bankruptcy\/"},"modified":"2018-07-07T11:03:29","modified_gmt":"2018-07-07T04:03:29","slug":"can-we-transfer-ownership-to-avoid-bankruptcy","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-we-transfer-ownership-to-avoid-bankruptcy\/","title":{"rendered":"Can we transfer ownership to avoid bankruptcy?"},"content":{"rendered":"


\nQ My partner’s company is failing. We are concerned it may go bust and the creditors force us to sell our house, which we own jointly. I am a full-time mum and have no income. Could I put the house in my name and thus avoid it being taken away from us if the business does fail? If it is possible, what might the implications of this be and how much might it cost?BBA If your partner is at risk of being made personally bankrupt it would be a very bad idea to put the house in your name only. That is because giving away assets to avoid them being included in a bankruptcy comes under the heading of “unfit conduct”. And being guilty of unfit conduct can give rise to a bankruptcy restriction order that can make bankruptcy last for between two and 15 years rather than being discharged after 12 months. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Can we transfer ownership to avoid bankruptcy?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Q My partner’s company is failing. We are concerned it may go bust and the...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-93355","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-ohJ","jetpack-related-posts":[{"id":134915,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/supreme-court-rules-9-0-that-bankruptcy-filers-cant-avoid-debt-incurred-by-anothers-fraud\/","url_meta":{"origin":93355,"position":0},"title":"Supreme Court rules 9-0 that bankruptcy filers can't avoid debt incurred by another's fraud","date":"February 23, 2023","format":false,"excerpt":"\r The Supreme Courtly ruled Kate Bartenwerfer's lack of knowledge of her partner's fraud in a home sale did not protect her from owing a legal judgment.\r \r Source : cnbc.com\r Read more...Supreme Court rules 9-0 that bankruptcy filers can't avoid debt incurred by another's fraud","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140194,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wework-once-valued-at-47-billion-files-for-bankruptcy\/","url_meta":{"origin":93355,"position":1},"title":"WeWork, once valued at $47 billion, files for bankruptcy","date":"November 7, 2023","format":false,"excerpt":"\r Office-sharing company WeWork filed for Chapter 11 bankruptcy protection in federal court Monday.\r \r Source : cnbc.com\r Read more...WeWork, once valued at billion, files for bankruptcy","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146721,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bankruptcy-proceeding-against-evergrande-unit-to-proceed-liquidators-say\/","url_meta":{"origin":93355,"position":2},"title":"Bankruptcy proceeding against Evergrande unit to proceed, liquidators say","date":"August 19, 2024","format":false,"excerpt":"\r Bankruptcy filing against Kailong Real Estate was accepted by a Guangzhou court, according to a statement to the Hong Kong stock exchange.\r \r Source : South China Morning Post\r Read more...Bankruptcy proceeding against Evergrande unit to proceed, liquidators say","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":53964,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/toshiba-bankruptcy-threatens-moorside\/","url_meta":{"origin":93355,"position":3},"title":"Toshiba bankruptcy threatens Moorside","date":"May 7, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Toshiba bankruptcy threatens Moorside","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":16168,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/gawker-files-for-chapter-11-bankruptcy\/","url_meta":{"origin":93355,"position":4},"title":"Gawker files for Chapter 11 bankruptcy","date":"June 11, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Gawker files for Chapter 11 bankruptcy","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109820,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/liquidators-file-bankruptcy-application-against-mainzeals-yan\/","url_meta":{"origin":93355,"position":5},"title":"Liquidators file bankruptcy application against Mainzeal's Yan","date":"August 12, 2019","format":false,"excerpt":"\r The liquidators for Mainzeal say they have been forced to use bankruptcy proceedings to get $18 million out of former director Richard Yan. While both sides are appealing the $36 million in damages awarded against several former...\r \r Source : nzherald.co.nz\/Property\r Read more...Liquidators file bankruptcy application against Mainzeal's Yan","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/93355"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=93355"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/93355\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=93355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=93355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=93355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}