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category mortgages

What Are Preferential Payments in Bankruptcy?

Sawin & Shea

APRIL 24, 2024

Bank-owned assets that have a recurring monthly payment, like mortgage payments or an auto loan fall under this category. Unsecured Creditor A secured creditor has a lien of some kind on a debtor’s property.

Bankruptcy

Bankruptcy Unsecured Creditor Debtor Creditors

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