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Bankruptcy

: The Debt Podcast

Undoing Preferences before a Bankrupcty

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Unlike fraudulent conveyances, which often can not be undone, avoidable preferences can often be “fixed” before a bankruptcy. The issue sometimes arises when a debtor pays back a family member before a bankruptcy case. This is unwise because if a bankruptcy case is filed within a year of the transfer, the trustee can [...]

Full post as published by The Debt Podcast on October 15, 2008 (boomark / email).

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