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Riverside Court Attorney | Jeff Gwynn Law Firm | Inland Empire Lawyers | BK Attorney in Riverside CA - Gwynn Law Firm - Personal Injury, Bankruptcy, Business Contract Law, Trial Lawyer, Riverside Court House. | IE RIVERSIDE LAWYER

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CORPORATE FORMATIONS AND TRANSACTIONS :: LLC :: S Corp :: C Corp :: LLP :: Partnership Agreements in Riverside County

Preference Actions - Section 547 of the U.S. Bankruptcy Code permits the avoidance of transfers in the 90 days (or, in the case of insiders, one year) before the petition that give the creditor an advantage to which it is not entitled in bankruptcy. A trustee administering the bankrupt estate will file a preference action against a creditor seeking to recover these transfers as property of the estate. However, section 547 does not allow the trustee to impugn every transfer to creditors in this period --- only those that satisfy all of the elements listed under 11 U.S.C. section 547(b). If any one of the elements is not satisfied, then the transfer cannot be avoided. Even if all of the elements are satisfied, the trustee may still be prevented from avoiding the transfer to the extent the transfer fits within one of the exceptions in 11 U.S.C. section 547(c).

This Riverside Court Attorney is also experienced in consumer construction transactions. If you have been victimized by a general contractor we can help pursue your rights with the Contractors State Licensing Board and your legal remedies in court.

Offering: IE RIVERSIDE LAWYER services in many locations, including: Rancho Cucamonga, CA, Rancho Mirage, CA, Moreno Valley, CA, Murrieta Hot Springs, CA, Wildomar, CA, San Jacinto, CA, Murrieta, CA and surrounding areas.

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Riverside Court Attorney Gwynn Law Firm | Jeff Gwynn Attorney at Law - 3637 Arlington Avenue, Ste D | Riverside | CA | 92506 | 951-684-3774


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