What should we know about demands for the return of preferences?
Answer: Creditors that
receive demands to return payments because they are allegedly preferential
should remember that there are a number of defenses that creditors can
raise when a preference claim is raised. It can be well worth your time
to learn, as much about these defenses and credit professionals should
also know that it often requires the involvement of an attorney representing
their interests before the debtor or the trustee starts to take the creditor
seriously. [Note: This was the reader's follow up question, separated
from the first question for clarity].