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  8.  »  Why is the bankruptcy trustee suing my company for a preference claim?

Why is the bankruptcy trustee suing my company for a preference claim?

  • If someone receives money from a company within 90 days of the date that company filed for bankruptcy, it is considered a preference and a trustee can sue to get that money back even from a company that is owed a great deal more money.
  • In the course of litigation, it is possible to defend against a trustee’s preference claim.