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Articles Tagged with insider preferential payments

Bankruptcy And Preferential Transfers

Published on: September 8, 2015 | Bryan W. Stone

Charlotte Bankruptcy Lawyer Bryan W. Stone of Arnold & Smith, PLLC answers the question “Can I keep my car if I file bankruptcy?”

For those considering filing for bankruptcy it is quite common to consider which creditors you should continue to pay. After all, if you feel sure a filing is imminent, it may not make sense to continue to throw money at certain bills, such as credit cards or medical debt which would be wiped out in a bankruptcy anyway. Other debt, such as that associated with utilities, phone providers, home loans or cars may receive different treatment given your continuing need for the goods or services.