man 1 owes man 2 X amount of money. At court date man 1 is given a month to pay before second court date and made aware that at second court date if money is not paid jail time and a sherriff sale will be the result. In that 30 days man 1 transferrs titles of all properties owned free and clear to a third party so they can not be sold at sherriff sale. Is there any kind of penalties for such actions by man 1?
2007-07-05 18:58:19 · 3 answers · asked by Jennifer R 1 in Politics & Government ➔ Law & Ethics
The combination of both of the above answers is correct as it would be considered fraud on both party 1 & party 3...both could be charged criminally for trying to defraud party 2 and the Court would grant the titles and assets to party 2.
2007-07-05 21:54:47 · answer #1 · answered by bottleblondemama 7 · 0⤊ 0⤋
Yes, it would be called fraud. The sheriff could seize them from the third party and give them to 2, and charge 1 with fraud.
2007-07-06 02:03:06 · answer #2 · answered by Anonymous · 1⤊ 0⤋
Jail time for both parties
2007-07-06 02:02:08 · answer #3 · answered by lobo 4 · 1⤊ 0⤋