What needs to be proven before a guarantee for an investment is so speculative that it’s a fraudulent transfer? Is good faith by both the borrower and the lender enough to defeat a fraudulent transfer claim?
Affirming Bankruptcy Judge Michael Romero, the district court holds that an exemption remains valid even though the exempt property remains subject to a nondischargeable domestic support obligation.
While neither Social Security benefits nor post-petition income are estate property in Subchapter V, they must be included in an individual’s monthly operating reports, Bankruptcy Judge Jacobvitz says.