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Doctor Credit

One of my customers in Chapter 11 recently had the case converted to a Chapter 7 liquidation bankruptcy. My question is this: Are we subject to preference claims on the payments made to us by this customer in Chapter 11 in the 90 days prior to the Chapter 7 bankruptcy filing?

Answer: If your question is: Is there a look back preference period in a conversion from a Chapter 11 reorganization to a Chapter 7 liquidation the answer is no.

 
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