Transferring assets can cause major problems in your bankruptcy case. Whether you file chapter 13 bankruptcy or chapter 7 bankruptcy in Texas, many unwanted results can occur. For example, if you transfer a house to your son and fail to receive market value, your son could be facing a lawsuit from thechapter 7 bankruptcy trustee seeking the return of the house. The typical look back period for problematic transfers is 2 years, but just because you’re outside the bankruptcy look back period doesn’t mean you haven’t violated similar state law provisions. Lastly, transferring assets can even interfere with your ability to obtain a Dallas chapter 7 discharge if your intention was to defraud, hinder or delay your creditors.