There is a certain amount of time before you file bankruptcy, where if you remove or hide assets from the creditors you would be guilty of bankruptcy fraud.
It’s one of the reasons when the case converts to Chapter 7, the Trustee will shut down the business immediately, it keeps the debtor from potentially getting into the business and removing assets.
If Alex Jones is dumb enough to do that, then he deserves what comes his way.
I’ve repeatedly said, the best move for Alex Jones is to work with the Trustee, get all the assets turned over and get case resolved quickly, so he can start over in a short amount of time.
What is the time frame beforehand, out of sensible business practices, can he do that?
It’s simply a good business practice to reduce your financial footprint in your business as a principle.