- 11 U.S.C.
Wadsworth v. Word of Life Christian Ctr. (In re McGough)
Dec
16
2013
Ruling
Entire charitable transfer exceeding 15 percent of gross annual income was avoidable.
Issue(s)
Whether under the Religious Liberty and Charitable Donation Protection Act, 11 U.S.C.S. § 548(a)(1)(B), if a restricted debtor transferred more than 15% of his gross annual income (GAI) to a qualified religious or charitable organization, could the trustee avoid the entire annual transfer or only the portion exceeding 15%?
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Court
:
Judge or Jurisdiction information not available