Glossary: Avoidance
By Bankruptcy Attorney on Nov 1, 2008 in Bankruptcy Practice and Procedure, Exemptions In Bankruptcy
AVOIDANCE: The Bankruptcy Code permits the debtor to eliminate (avoid) some kinds of liens that interfere with an exemption the debtor has claimed. The trustee may also avoid a preferential transfer to a creditor made before the bankruptcy case was filed.



Sorry, comments for this entry are closed at this time.