I'm facing potential bankruptcy but would like to get some advice.
I'm aware that transferring or disposing of my property to my spouse can be reversed by the Director General of Insolvency (DGI) and concealing assets can be considered bankruptcy fraud.
Currently, I'm pondering legitimately purchasing physical gold bars as investment that I might keep stashed away. Or withdrawing small amounts of money regularly (in thousands) to make it seem like I need them for my own expenses.
Do you think I'll be in trouble with the Department of Insolvency?
Would like to hear opinions on this.
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asked on Apr 28, 2017 at 07:27
edited on May 2, 2017 at 08:59
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