Payments made to a senior lienholder within 90 days of bankruptcy were avoidable as a preferential transfer in favor of the junior lienholder. Gladstone v. Bank of America (In re Vassau), No. 09-9536, AP 11-90280 (Bankr. S.D. Cal. Sept. 25, 2013). Read More
Tag Archive: preference
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Payments to Senior Lienholder Avoidable as to Junior Lienholder
Posted by NCBRC - November 22nd, 2013
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