The policy behind the power of the Bankruptcy Code to void ...

[Pea0909berry]

The policy behind the power of the Bankruptcy Code to void preferences is to promote fairness among creditors in the same category.
 
  Indicate whether the statement is true or false

Question 2

The trustee may reverse an involuntary transfer if it occurred within 90 days of when the debtor filed for bankruptcy.
 
  Indicate whether the statement is true or false

[durant1234]

Answer to Question 1

TRUE

Answer to Question 2

TRUE

[Pea0909berry]

Excellent

[momolu]

Thanks for the timely response, appreciate it