Central District Consumer Bankruptcy Attorney's Association

Is it a debt? If tuition is timely paid (within invoice period) then no preference
Sent from my iPhone - please excuse typos.
Thank you.
> On Feb 11, 2016, at 4:53 AM, Holly Roark hollyroark22@gmail.com [cdcbaa] wrote:
>
> If the debtor's school tuition is due in March and she pays it right before filing BK - let's say it's $15K and that's prettymuch all the cash on hand she has - is there any way that payment can be construed as a preference? It seems to me this would be a contemporaneous exchange if she is paying it for the quarter that it comes due. I'm just concerned because it's a fairly large sum.
>
>
> Holly Roark
> Certified Bankruptcy Specialist*
> and Sports Lawyer
> holly@roarklawoffices.com **primary email address**
> www.roarklawoffices.com
> Central District of California & District of Idaho - Consumer Bankruptcy Attorney
> 1875 Century Park East, Suite 600 Los Angeles, CA 90067
> T (310) 553-2600; F (310) 553-2601
> *By State Bar of California Board of Legal Specialization
>
>

The post was migrated from Yahoo.

Reply-To: Craig J Beauchamp
X-Original-Return-Path: Craig J Beauchamp
To: cdcbaa@yahoogroups.com
X-Yahoo-Newman-Id: groups-system
Can you file before paying for tuition and protect the funds through the
wildcard exemption?
Just a thought.
Craig
Craig J. Beauchamp, Esq.
Of Counsel
Law Offices of Victor W. Luke, APLC
(714) 835-5091
(714) 835-5763
Craig J. Beauchamp, Esq.
Attorney at Law
PO Box 25857
Santa Ana, CA 92799
(949) 689-9709
(714) 835-5763 fax
Legallycraig@gmail.com
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On Thu, Feb 11, 2016 at 4:53 AM, Holly Roark hollyroark22@gmail.com
[cdcbaa] wrote:
>
>
> If the debtor's school tuition is due in March and she pays it right
> before filing BK - let's say it's $15K and that's prettymuch all the cash
> on hand she has - is there any way that payment can be construed as a
> preference? It seems to me this would be a contemporaneous exchange if she
> is paying it for the quarter that it comes due. I'm just concerned because
> it's a fairly large sum.
>
>
> Holly Roark
> Certified Bankruptcy Specialist*
> *and Sports Lawyer*
> holly@roarklawoffices.com **primary email address**
> www.roarklawoffices.com
> *Central District of California & District of Idaho* - Consumer
> Bankruptcy Attorney
> 1875 Century Park East, Suite 600 Los Angeles, CA 90067
> T (310) 553-2600; F (310) 553-2601
>
> *By State Bar of California Board of Legal Specialization
>
>
>
>
Can you file before paying for tuition and protect the funds through the wildcard exemption?Just a thought.CraigCraig J. Beauchamp, Esq.Of CounselLaw Offices of Victor W. Luke, APLC(714) 835-5091
The post was migrated from Yahoo.

If the debtor's school tuition is due in March and she pays it right before
filing BK - let's say it's $15K and that's prettymuch all the cash on hand
she has - is there any way that payment can be construed as a preference?
It seems to me this would be a contemporaneous exchange if she is paying it
for the quarter that it comes due. I'm just concerned because it's a
fairly large sum.
Holly Roark
Certified Bankruptcy Specialist*
*and Sports Lawyer*
holly@roarklawoffices.com **primary email address**
www.roarklawoffices.com
*Central District of California & District of Idaho* - Consumer Bankruptcy
Attorney
1875 Century Park East, Suite 600 Los Angeles, CA 90067
T (310) 553-2600; F (310) 553-2601
*By State Bar of California Board of Legal Specialization
If the debtor's school tuition is due in March and she
The post was migrated from Yahoo.