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Preferential Transfers

Preferential Transfers

A preferential transfer in a Chapter 7 is:

  1. any transfer of the debtor's property
  2. to satisfy an existing debt
  3. in the 90 days prior to filing
  4. that gives the creditor more than they would have received in the bankruptcy

 If the person you transferred the property to was an insider, the look back period is one year, however insolvency is not presumed if the transfer occurred more than 90 days prior.

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At Holland Law we focus on Consumer Bankruptcy and Debt Defense. We proudly serve Sarasota, Manatee and Charlotte Counties and expanding to serve all of Central and South Florida, from coast-to-coast. We offer free phone or in-office consultations in Bradenton, Sarasota, Lakewood Ranch, Port Charlotte and across the Central and South Florida region. Contact us through the form on this page or call us at (941) 306-3601 to speak with an experienced bankruptcy and debt defense attorney today. We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.

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