Legal Question in Bankruptcy in California
Unfair preference
I want to know whether in your Bankruptcy Law, there is a concept called "unfair preference" and "fraudulent preference"? It's something about a debtor who treats his creditor unfairly, i.e. make a particular creditor has preference or better than the other creditors. Many thanks!!!!
Asked on 4/08/98, 2:24 pm
1 Answer from Attorneys
Mark Markus
Law Office of Mark J. Markus
Unfair Preference--REPLY
Yes. There are avoidable preferences and fraudulent transfers.
Answered on 4/20/98, 10:41 pm
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