Bankruptcy Amendments of 1997; and Bankruptcy Law Technical Corrections Act of 1997: Hearing Before the Subcommittee on Commercial and Administrative Law of the Committee on the Judiciary, House of Representatives, One Hundred Fifth Congress, First Session, on H.R. 764 ... and H.R. 120 ... April 30, 1997

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Page 51 - Except as provided in subsection (c) of this section, the trustee may avoid any transfer of an interest of the debtor in property — (1) to or for the benefit of a creditor; (2) for or on account of an antecedent debt owed by the debtor before such transfer was made...
Page 20 - HR 764, which would make nondischargable through bankruptcy a debt incurred as a result of the operation of a boat or airplane while under the influence of alcohol.
Page 50 - ... (C) the appointment of or taking possession by a trustee in a case under this title or a custodian before such commencement; or (D) the satisfaction of any penalty rate or provision relating to a default arising from any failure by the debtor to perform nonmonetary obligations under the executory contract or unexpired lease.
Page 96 - Headquartered in Washington, DC., the association works to ensure the continued strength of the nation's residential and commercial real estate markets, to expand homeownership prospects through increased affordability, and to extend access to affordable housing to all Americans.
Page 49 - ... on any reasonable terms and conditions of employment, including on a retainer, on an hourly basis, on a fixed or percentage fee basis, or on a contingent fee basis. Notwithstanding such terms and conditions, the court may allow compensation different from the compensation provided under such terms and conditions after the conclusion of such employment, if such terms and conditions prove to have been improvident in light of developments...
Page 49 - In a case under chapter 7, 12, or 11 of this title, a person is not disqualified for employment under this section solely because of such person's employment by or representation of a creditor, unless there is objection by another creditor or the United States trustee, in which case the court shall disapprove such employment if there is an actual conflict of interest.
Page 108 - ON BEHALF OF THE AMERICAN BANKERS ASSOCIATION Mr. Chairman and members of the Committee, my name is George A.
Page 99 - Durrett v. Washington Nat'l Ins. Co., 621 F.2d 201 (5th Cir. 1980), where a properly conducted foreclosure sale was subject to attack as fraudulent conveyance.
Page 99 - ... means every mode, direct or indirect, absolute or conditional, voluntary or involuntary, of disposing of or parting with property or with an interest in property, including retention of title as a security interest...
Page 123 - ... financial assets, either fixed or revolving, that by their terms convert into cash within a finite time period plus any rights or other assets designed to assure the servicing or timely distribution of proceeds to the security holders.

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