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preferential transfer

Be Care­ful When Pay­ing Debts Before Bank­ruptcy

August 14, 2019 by Albin Renauer

Photo of someone paying in cash to illustrate article on bankruptcy preferential payment

You may be tempted to pay off a debt just before you file for bank­ruptcy, but think twice before you make what courts call a “pref­er­en­tial trans­fer.”

Filed Under: Bankruptcy Tagged With: preferential transfer

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