Never Pay Family Before Filing Bankruptcy

Don’t pay family before filing bankruptcy. If you repay a family member, close friend, or business associate before filing Chapter 7 or Chapter 13 bankruptcy, that payment may be considered a “preference.” Bankruptcy law includes a one-year lookback period for insider payments, and the trustee can sue to recover that money. Even when there’s no bad intent, paying back family before filing can create serious legal problems and drag them into the bankruptcy process. Before making any payments prior to filing, speak with your bankruptcy attorney. Ready to Break Free From the Chains of Debt? 📞 Call John's office today: (602) 887-6992 👉 AZ 🌵Residents: https://calendly.com/d/ctrm-8q5-gpb 👉 Non-AZ Residents: https://swiy.co/JohnSkiba #bankruptcy #debt Legal Disclaimer: The information provided on this YouTube channel is not legal advice and is offered for informational purposes only. You should seek out an attorney to seek legal advice on your legal issue. © Consumer Warrior, LLC - All content is owned and protected by Consumer Warrior, LLC.