Are you thinking of filing for chapter 7 bankruptcy and think it's a good idea to transfer assets out of your name? Maybe a (non-bankruptcy) lawyer even told you it's a good idea. DO NOT DO THIS! IT'S A BAD IDEA! Many people contact me for a bankruptcy consultation and I ask them: "Do you own a house." And they will slyly answer "Not in my name," because they did a deed transfer to their spouse a few years back when they realized they were not going to pay their debts back. This is a VERY DUMB thing to do. You may make it impossible to file a Chapter 7 bankruptcy OR, if you get a lawyer who doesn't know what they're doing, you may LOSE YOUR HOUSE!Talk to a bankruptcy lawyer beforehand! We can plan the best way to protect your assets through a bankruptcy filing. There are ways to protect those assets. There's nothing wrong with having an asset protection plan. Homestead and other exemptions are very generous nowadays. It's easier than you think to keep what's important to you and get rid of your debt. Call my office for a free consultation!