New Orleans Fraudulent Transfer Action Lawyers
Few things can devastate the finances and professional reputation of a business like an accusation of fraud. In some cases, this accusation may come in the form of a fraudulent transfer action. This is a mechanism that a bankruptcy trustee may use in an attempt to recover money that was collected from an individual or business that filed for bankruptcy. If your business has been charged with receiving payments from bankrupt clients through fraudulent means, you have a right to defend your company’s actions. Through a vigorous legal defense, it may be possible to protect your interests from a fraudulent transfer action.
The attorneys of the Law Office of David D. Kervin, Jr., LLC, represent businesses accused of fraudulent transfers. We stand with clients at every stage of the fraud defense process, and bring years of experience to each new case. Contact us now at 504-599-5906 to discuss your situation with our helpful New Orleans fraudulent transfer action defense lawyers.
The Facts About Fraudulent Transfer Actions
A fraudulent transfer action is an attempt to recover payments made to a creditor from a bankrupt debtor. As a creditor or a provider of goods and services, you may have received money from a client who later declared bankruptcy. The client’s bankruptcy trustee might claim that you acted fraudulently and demand that you return all or some of the amount paid to you. To be valid, a fraudulent transfer action must demonstrate that the payment in question was:
- Made within a certain timeframe of the bankruptcy filing
- Received under fraudulent pretenses
If these and other conditions are not met, your business assets should remain unaffected by your client’s bankruptcy. For the sake of your business’ reputation and financial health, it is vital to combat fraudulent transfer actions. A knowledgeable attorney can be an invaluable ally as you defend your business from allegations of fraud.
Contact Us
At the Law Office of David D. Kervin, Jr., LLC, we help businesses defend what is rightfully theirs. A dedicated legal defense team could strengthen your case during a complex legal proceeding. To speak with a New Orleans fraudulent transfer action defense attorney about your options, contact us at 504-599-5906.