Chinese custom or suspicious sale? Judge questions debtor's sale of house to son for $1
When Hai Huang and his wife transferred ownership of their half-million-dollar home to his son for $1, the man to whom Huang owed $436,000 had questions. This week, a B.C. Supreme Court judge found the transfer of the home was a suspicious sale.
When Hai Huang and his wife transferred ownership of their half-million-dollar home to his son for $1, the man to whom Huang owed $436,000 had questions. This week, a B.C. Supreme Court judge found the transfer of the home was a suspicious sale.
