The NACTT Academy offers a comprehensive community for bankruptcy professionals seeking to advance their education in consumer bankruptcy.
ConsiderChapter13.org offers a forum to advance continuing education of consumer bankruptcy via access to insightful articles, informative webinars, and the latest industry news. Join now to benefit from expert resources and stay informed.
These informative sessions are led by industry experts and cover a range of consumer bankruptcy topics.
Written by industry experts, these articles provide in-depth analysis and practical guidance on consumer bankruptcy topics.
The Academy is the go-to source for the latest news and analysis in the Chapter 13 bankruptcy industry.
From the Editor – Avoidance
Print This Article
Link to Post:
By The Honorable William Houston Brown (Retired)
Section 547(c)(8) threshold applied. In a Chapter 13 case, one debtor’s employer withheld $858.98 as a result of prepetition wage garnishment, but the actual amount transferred to the judgment creditor was less than $600, with the remaining amount returned to the debtor after the creditor cancelled the garnishment. As a result, the aggregate amount was less than the $600 threshold of § 547(c)(8), preventing the avoidance of $572.78 transfer as a preference. Pierce v. Collection Associates, Inc. (In re Pierce), 504 . . .
It looks like you are not signed in or registered! This content is only available to members.
Or Sign In Below:
Related Articles
Critical Case Comment – Fee Wars: The Battle Over Debtor Attorney Compensation
Bankruptcy Conversion and Exemption Objection Deadlines
Critical Case Comment – Time is of the Essence
Is 1328(i) Ultimately Terrible for Debtors?
Passing of Memphis’ Beloved Judge Kennedy
Section 302: Joint but Separate
From the Editor – Discharge
Critical Case Comment – No Mulligans for Gardners
The Cloud Cometh
Critical Case Comment– Secured Creditor Granted Relief from Stay. But, Wait There’s More . . . No Proof of Claim.