Recent Posts in Preference Category
Posted on Aug 8, 2011 By Robert Kovacs
Can I Keep A Credit Card If I File Bankruptcy? Many Massachusetts bankruptcy debtors need a credit card for work. Whether it is necessary for business purchases or travel, it is common for clients to ...
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Posted on Jan 27, 2010 By Robert Kovacs
Bankruptcy laws, like all laws, attempt to be fair (I admit not all laws actually are fair). In an effort to be fair to all creditors a bankruptcy debtor may not pay off one creditor in favor of ...
Continue reading "Common Bankruptcy Mistake – Paying off a loan from a relative shortly before filing " »
Posted on Dec 17, 2009 By Robert Kovacs
Many times when facing insolvency issues a debtor, either a business or individual, will look to pay one creditor over another, this is called a preference. If the payment was not in the ordinary ...
Continue reading "Avoidable Preferences for Business and Individuals Debtors" »