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“Bankruptcy Preferences: Claims and Defenses (Part II)”
In my prior article I briefly reviewed the preference laws under the Bankruptcy Code, the elements that have to be proven and the rationale behind such statutes. To reiterate, a preference, by definition, is a payment or transfer that is made by the debtor to a...![“Bankruptcy Preferences: Claims and Defenses (Part I)”](https://i0.wp.com/dvbwlaw.com/wp-content/uploads/2018/02/chess-pieces.jpeg?resize=1080%2C675&ssl=1)
“Bankruptcy Preferences: Claims and Defenses (Part I)”
Bankruptcy Preferences: Claims and Defenses (Part I) Quite often in a Chapter 7 bankruptcy case (often called a “straight” bankruptcy or a “liquidating” proceeding), or occasionally in a Chapter 11 or 13 proceeding, certain creditors may receive a demand letter...![“Three Things Not To Do Before Filing Bankruptcy”](https://i0.wp.com/dvbwlaw.com/wp-content/uploads/2018/02/AdobeStock_118922132-1.jpeg?resize=1080%2C675&ssl=1)
“Three Things Not To Do Before Filing Bankruptcy”
THREE THINGS NOT TO DO BEFORE FILING BANKRUPTCY Many times when I first meet with clients about a potential bankruptcy filing, I learn about various property transfers made and transactions they have recently engaged in. While, in most cases, the transfers or...![“Bankruptcy Exemptions (Michigan) What Are They?](https://i0.wp.com/dvbwlaw.com/wp-content/uploads/2018/01/AdobeStock_176084141.jpeg?resize=1080%2C675&ssl=1)
“Bankruptcy Exemptions (Michigan) What Are They?
BANKRUPTCY EXEMPTIONS (MICHIGAN): WHAT ARE THEY? In my prior Blog, I briefly described what bankruptcy exemptions are, how they are claimed, and then went into detail on the numerous, available, “federal” exemptions. Since Michigan has not “opted out” of the...![“Bankruptcy Exemptions (Federal) What Are They?”](https://i0.wp.com/dvbwlaw.com/wp-content/uploads/2018/01/AdobeStock_133821978_Preview.jpeg?resize=1000%2C652&ssl=1)