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In contemplation of filing for bankruptcy, Jefferson Walker gives $20,000 to his friend, hoping that his creditors will not know the friend has Walker's money.
In contemplation of filing for bankruptcy, Jefferson Walker gives $20,000 to his friend, hoping that his creditors will not know the friend has Walker's money. Six months later he files for bankruptcy.
What law applies to this situation?
Will the money remain out of reach of Walker's creditors? Explain
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