Paying children's college tuition is considered a constructive fraudulent transfer?

joshuagraham

Senior Member

Bankruptcy Newbie

Joined: Mar 2012

Posts: 211

State: Private
#1

Paying children's college tuition is considered a constructive fraudulent transfer?

05-07-2015, 05:57 AM

Evidently the trustee can go after the college! What?

http://finance.yahoo.com/video/bankruptcy-trustees-try-cash-back-223939716.html
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LadyInTheRed

Senior Member

Bankruptcy Guru

Joined: Dec 2009

Posts: 7718

State: California
#2

05-07-2015, 07:27 AM

I have closed this thread because the topic is already being discussed in the news forum. I will also post a copy of your post in that other thread.

http://www.bkforum.com/forum/news-ge...E2%80%99-money

Last edited by LadyInTheRed; 05-07-2015, 08:42 AM.

LadyInTheRed is in the black!
Filed Chap 13 April 2010. Discharged May 2015.
$143,000 in debt discharged for $36,500, including attorneys fees. Money well spent!
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