Due to some medical debts, I’ll be filing Chapter 7 bankruptcy soon and I’ve known that I need to submit all my financial activities for the past 3 months.
On my son’s car title both our names appear since I had co-signed the loan. But the loan has been paid off several years back. As I was not sure if they would repossess his car due to my bankruptcy filing (I’ll be filing in Florida), I just transferred the title to his name just to keep the thing away from my bankruptcy filing.
Could this transfer be taken as fraudulent? Should I wait for another couple of months?
