Tag Archives: avoidable preference
How Might the “Strong-Arm” Powers of the Trustee Affect Your Bankruptcy?
In the weeks and months prior to filing for bankruptcy, debtors may make payments to certain creditors for various reasons. If the bankruptcy trustee — the official who administers the case — concludes that a payment unfairly preferred one creditor over another, the trustee has the power to demand repayment of the money to the […]
