Asset Stripping

Defense in asset stripping cases in Spain

Allegations of asset stripping can put your personal and professional life at risk. In Spain, this conduct is prosecuted under the crime of alzamiento de bienes, the fraudulent concealment or transfer of assets to avoid creditors or judicial enforcement. These cases often arise during insolvency proceedings, debt disputes, or financial investigations, and can carry serious criminal and financial consequences.

At Chabaneix Abogados, we provide strategic and discreet defense for individuals accused of asset stripping or related economic crimes. Our mission is to protect your rights, clarify the facts, and build a legal strategy tailored to your circumstances.

What is asset stripping under Spanish law?

While the term asset stripping is common in English, in Spain it corresponds to alzamiento de bienes, regulated in Articles 257–258 of the Criminal Code.

This offense occurs when a debtor:

• Transfers, hides, or disposes of assets to avoid payment of debts.
• Removes property from the reach of creditors.
• Simulates insolvency to frustrate judicial claims.

Penalties include:

• Prison sentences of 1 to 4 years, depending on the seriousness of the conduct.
• Fines and compensation for the creditors affected.
• Increased penalties in cases involving large sums or if the conduct affects many creditors.

It is important to note that not every transfer of assets is criminal. To convict, prosecutors must prove intent to defraud creditors.

How we defend asset stripping accusations

At Chabaneix Abogados, we know these cases often emerge in high-pressure financial contexts, where decisions may be misinterpreted as fraudulent. Our defense approach is based on:

1. Careful review of financial transactions

We analyze contracts, transfers, and accounting records to determine whether the accused actions were legitimate, necessary, or mischaracterized as concealment.

2. Proving lack of fraudulent intent

Intent is central to asset stripping charges. We focus on showing when transactions were part of normal business operations, restructuring, or genuine financial difficulties rather than fraud.

3. Challenging the investigation

We ensure creditors’ claims and the prosecution’s arguments are supported by law, and we challenge any procedural errors or overreach during the investigation.

4. Confidential, client-centered defense

Accusations of this kind can affect not just your legal standing, but also your reputation. We manage every case with discretion and empathy, protecting both your personal and professional future.

Why clients trust Chabaneix Abogados

Clients facing accusations of asset stripping or financial crimes choose us because we provide:

• Extensive experience in economic crime defense, including fraud, embezzlement, money laundering, and insolvency-related offenses.
• Tailored strategies, adapted to the complexity of financial disputes and the facts of each case.
• Confidential and discreet representation, crucial for professionals and business owners.
• Empathetic legal support, recognizing the stress and uncertainty these cases cause.

Act early – your defense starts now

If you are being investigated or charged with asset stripping in Spain, early legal intervention is critical. The sooner you act, the greater the chances of avoiding charges or minimizing the consequences.

• Schedule a confidential consultation with Chabaneix Abogados
• 100% private and judgment-free legal advice
• Available in person or online 

Frequently Asked Questions about Asset Stripping

What is asset stripping in Spain?

It refers to alzamiento de bienes, when someone hides, transfers, or disposes of assets to avoid paying debts or judicial enforcement.

What are the penalties for asset stripping?

Prison sentences of 1 to 4 years, fines, and compensation. Penalties can increase depending on the value of the assets and the number of creditors affected.

Can normal business transactions be considered asset stripping?

Not necessarily. To qualify as a crime, there must be intent to defraud creditors. Legitimate asset management or restructuring is not criminal.

Can asset stripping charges be dismissed?

Yes. If there is insufficient evidence of fraudulent intent or if procedural errors occurred, charges may be dropped.

What should I do if I’m accused of asset stripping?

Do not take action without legal guidance. Contact a defense lawyer experienced in economic crimes as soon as possible to protect your rights.

At Chabaneix Abogados, we defend clients accused of asset stripping (alzamiento de bienes) with professionalism, discretion, and determination. Contact us today for a private consultation.