CALIFORNIA FAMILY LAW
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Bankruptcy
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Effect on Division of Property/Debts
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Effect on Property Division in Disso.
............Property Transferred In Disso.
6 Cards On This Topic:
Bankruptcy ct. did not err when it ruled that the value of the c/p interest in H's education that W gave up in MSA was zero
Transfer of proceeds from family residence sale per post-disso orders not avoidable preference where fam. court retained jurisdiction & proceeds not part of H's bankruptcy estate.
Transfer under 11 U.S.C. §727 (a)(2) is "made" at time it is valid between parties to transfer, regardless of whether it is valid as against bona fide purchasers.
Creditors may not avoid transfer of assets to W in dissolution property division because result adversely affects their ability to execute against it.
Hostile former spouse is not "insider" for purposes of setting aside property transfer.
Transfer of property between spouses in dissolution may be set aside if transferor is left insolvent.