Examlex
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Preferential Payment
A payment made by an insolvent debtor that gives preferential treatment to one creditor over another.
Insolvent Debtor
A debtor who cannot pay debts in a timely fashion.
Creditor Treatment
The manner in which creditors are dealt with by a debtor, especially in contexts of bankruptcy or insolvency, including priorities of payment and rights.
Federal Bankruptcy Judge
A judicial officer of the United States district court appointed to oversee and decide matters pertaining to bankruptcy cases.
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