How to Defend Bankruptcy Preference Claims

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One of the most controversial provisions of the Federal Bankruptcy Code is the preference law, which subjects creditors to repay money rightfully due them if they receive payment within 90 days before a bankruptcy filing. This article provides an overview of the preference law and discusses the best ways to defend against these claims.

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Published In: Bankruptcy Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Joseph Bodoff | Attorney Advertising

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