Fraudulent conveyances typically involved unqualified persons offering fee-based financial advice, credit counseling, and bankruptcy-filing services.

Name: Fraudulent conveyances typically involved unqualified persons offering fee-based financial advice, credit counseling, and bankruptcy-filing services.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Fraudulent conveyances refer to the illegal transfer of property to another party in order to defer, hinder, or defraud creditors, not to the offering of financial advice or services.

Fraudulent Conveyances Typically Involved Unqualified Persons Offering Fee-Based Financial Advice