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In May, Idaho State Representative Phil Hart filed for Chapter 13 bankruptcy, owing more than $500,000 in back federal income taxes and more than $53,000 in state income taxes. However, US Department of Justice attorney Adam Strait wrote in court documents that Hart’s bankruptcy plan is ‘”not feasible” because his proposed payment of $200 a month for five years “fails to make adequate provision for paying the United States’ priority income tax debts. The Spokesman-Review reported that Hart refused to answer questions in court about his home and car. The home in Athol, Idaho, is owned by a trust in Hart’s daughter’s name, but he still lives there. According to the Spokesman-Review, “Federal authorities called the transfer of the home to the trust a ‘fraudulent’ transaction with a ‘sham entity.’" A fraudulent transaction occurs when a debtor transfers property to someone with the intent to hinder, delay or defraud creditors. In bankruptcy cases, this can occur when properties are transferred to a family member or or another entity such as a family-run business. Kevin D. Judd Law Firm of Kevin D. Judd
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bankruptcy, chapter 11, Chapter 13, Chapter 7, foreclosure, maryland bankruptcy attorney, phil hart, washington dc bankruptcy attorney,
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