Bankruptcy Articles & Information » intent http://www.bankruptcy-articles.com Bankruptcy Information for You! Thu, 09 Sep 2010 02:06:49 +0000 http://wordpress.org/?v=2.9 en hourly 1 Fraudulent intent in case of failure http://www.bankruptcy-articles.com/2010/03/fraudulent-intent-in-case-of-failure-2/ http://www.bankruptcy-articles.com/2010/03/fraudulent-intent-in-case-of-failure-2/#comments Thu, 25 Mar 2010 17:41:21 +0000 Bankruptcy Articles http://www.bankruptcy-articles.com/2010/03/fraudulent-intent-in-case-of-failure-2/ Intention does not matter under the bankruptcy code. Under many
states’ laws a transfer to a relative for less than fair value creates
a rebuttable presumption of fraud. There is no such rebutting under
548, where the transfer for less than fair value while insolvent is
avoidable regardless of intent. The point is the transferee got [...]

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