- 11 U.S.C.
Hopkins v. Arave (In re Arave)
Mar
27
2008
Ruling
Debtor's transfer of property received in divorce settlement to parents outside of preference period or look back period fo fraudulent transfers was not avoidable.
Procedural posture
A bankruptcy debtor was awarded real property with a cabin in a divorce settlement, and the debtor transferred the property to defendants, his parents, thereafter by warranty deed. Plaintiff bankruptcy trustee brought an adversary proceeding against the parents seeking to avoid the transfer as preferential and fraudulent under 11 U.S.C.S. §§ 547, 548.
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Court
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