Court attaching my father gifted property on husband'd bankruptcy

Can Wife's only Property purchased from money given by wife's father be attached by court, if husband becomes bankrupt ? Husband was given money by bank transfer and property was then transferred into wife's name, but husband only paid Huge Interest to Private Lenders at 36% and did not return Prinicipal amt to Private lenders, who have now done Cheque Bounce case against husband. Pls advice