What is a "Preferential Transfer"? - Part Three
What must a party asserting a preference claim prove? A party seeking to avoid and recover a preferential transfer must demonstrate the following elements: a) a transfer; b) of any interest of the de more...
Avoiding Home Improvement Headaches
By following the tips in this legal guide, you can avoid most of the common pitfalls experienced by home owners in hiring contractors to do work in their home. more...
What is a "Preferential Transfer"? - Part Two
Who can sue to recover a preferential transfer? Chapter 5 of the Bankruptcy Code empowers the trustee appointed in each bankruptcy case to pursue all "legal and equitable interests of the debtor in p more...
Filing a Mechanic's Lien for a Private Improvement in New York State
What is a Mechanic's Lien? As articulated in one monograph on the subject, "a notice of mechanic's lien is a security device, publicly filed, that lets others know that one is claiming entitlement to more...
What is a "Preferential Transfer"? - Part One
A preferential transfer is a transfer made prior to a bankruptcy filing to a creditor by a debtor to the exclusion or detriment of its other creditors. more...