What is the name of your state? Illinois
I received a refund from a lumber company for around $1000 in December, 2003, In February, 2004 the company filed for Chapter 11. Now, the company is attempting to recover the money they gave me as a refund as a "preference claim". am I liable for the amount or is it exempt under section 547(c)(9) of the code?
I received a refund from a lumber company for around $1000 in December, 2003, In February, 2004 the company filed for Chapter 11. Now, the company is attempting to recover the money they gave me as a refund as a "preference claim". am I liable for the amount or is it exempt under section 547(c)(9) of the code?