Have a Bankruptcy question

[Steve Vawter]

I am actually asking this for my parents.. Here is the dilemma , They want to claim BK (chap 7) to wipe out the deb they have.. since neither are working now. Problem is a few years back.. maybe 7 my grandmother turned over her house to them, its owned free and clear. currently my sister and my grandmother live there. I am concerned what the BK court will do with the house if they file... What is the best way to protect this. My thought was turn it over to an LLC with all 3 parties as owners. BUT not quite sure if there is a seasoning time where the BK Court wont be suspicious.. and it wont be protected..

Any ideas?  Thanks all in advance..

Maybe a Trust?