If creditors should come knocking …

The obvious tactic of transferring assets to loved ones before a bankruptcy has been frowned upon since the 1500s, however it remains a more effective strategy than it deserves, for various practical reasons.  This article from the Sydney Morning Herald looks at some recent high profile examples.

http://www.smh.com.au/business/if-creditors-should-come-knocking–20120622-20tvi.html