Bankruptcy Law News
For the purposes of preference actions, the debtor is presumed to have been insolvent on and during the 90-day period preceding the filing of the bankruptcy petition. 11 U.S.C. § 547(f). A defendant may offer evidence to rebut the pre- sumption of insolvency.
a debt for a tax is incurred on the day when such tax is last payable without penalty, including any extension. ... such creditor received payment of such debt to ...
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(1) to or for the benefit of a creditor; ; (2) for or on account of an antecedent debt owed by the debtor before such transfer was made; ; (3) made while the ...
Title 11 - BANKRUPTCY CHAPTER 5 - CREDITORS, THE DEBTOR, AND THE ESTATE SUBCHAPTER III - THE ESTATE Sec. 547 - Preferences. Contains. section 547. Date. 2011 ...
Title 11 - BANKRUPTCY CHAPTER 5 - CREDITORS, THE DEBTOR, AND THE ESTATE SUBCHAPTER III - THE ESTATE Sec. 547 - Preferences. Contains. section 547. Date. 2013 ...
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U.S. Code: Title 11 · CHAPTER 1—GENERAL PROVISIONS (§§ 101 – 112) · CHAPTER 3—CASE ADMINISTRATION (§§ 301 – 366) · CHAPTER 5—CREDITORS, THE DEBTOR, AND THE ESTATE ...
§ 547Voidance of fraudulent transfers, lookback period and presumption.1 year prior to commencement of delinquency proceeding. If 6 months prior to commencement ...
544, 545, 547, and 548, are subject to proposed 11 U.S.C. ... (q)(1)(B)(ii), is classified to section 77f of ... Section 547(b)(2) of the House amendment adopts a ...
Background A case filed under chapter 11 of the United States Bankruptcy Code is frequently referred to as a "reorganization" bankruptcy.
Pursuant to 11 U.S.C. § 547, a transfer occurring within 90 days of filing the bankruptcy petition may be avoided as preferential by the trustee upon the filing ...