Over the last few years, the asset protection industry has grown dramatically. One of the proclaimed benefits of asset protection is the guarantee that your assets are safe when a Chapter 7 bankruptcy is filed. But does asset protection really shield assets in a Chapter 7?
In the CLE-accredited webinar “Hiding Assets in Chapter 7 Bankruptcy,” SulmeyerKupetz Member David Goodrich discussed:
- A variety of popular asset protection tools.
- The varying degrees of effectiveness of asset protection.
- Problems debtors face in Chapter 7 bankruptcy as a result of these tools.