Fraudulent Conveyance Legal Steps

Summary

If you suspect fraudulent conveyance between llcs in massachusetts, gather financial records, consult an attorney, and consider filing a claim in court. Proving improper money transfers can potentially allow you to pursue claims against other llcs.

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I am in a lawsuit against a person and their LLC. He has multiple other LLC's. If he files for bankruptcy and I can prove money was moved between that LLC and others. Can I go after the other LLC;s
Hi Dominic! In Massachusetts, if you can prove that money was improperly transferred between LLCs, you may be able to pursue a claim for fraudulent conveyance. This could potentially allow you to go after other LLCs.
Would you like more information on how to proceed?
yes please
Sure! Here are a few steps you might consider:
- Document Review: Gather all relevant financial records and documents that show the transfer of money between the LLCs.
- Consult an Attorney: An attorney can help you assess the strength of your case and guide you on the legal process.
- File a Claim: If you have sufficient evidence, you can file a claim for fraudulent conveyance in court.
Would you like me to connect you with a local attorney who can assist you further?