§547 Preferential Transfers in Florida

How 11 U.S.C. § 547 applies in Florida — federal bankruptcy law, Florida district data.

What §547 Preferential Transfers Does

If you paid a creditor more than $600 in the 90 days before filing (or 1 year for insider transfers), the trustee may "avoid" that payment as a preferential transfer and recover the money for distribution to all creditors equally. This rule protects the fundamental bankruptcy principle of equitable distribution.

Key points:

Florida Bankruptcy Data (FJC)

290,099
Total filings
57.1%
Dismiss rate
71,917
Prior filers
19.9%
Prior discharge rate

Districts covered: N.D. Fla., M.D. Fla., S.D. Fla..

Apply This to Your Case

The rules above are federal — they apply identically in every state. What varies by state is exemptions (§522), median income thresholds (means test), and case-law interpretations of ambiguous terms. For a Florida-specific answer, check the screener or consult a local attorney.

Check §547 Preferential Transfers against your case →

Related Florida Statutes

§547 Preferential Transfers in Other States