Creditor Alert: Third Circuit Affirms Avoidance of Transfer of Real Estate Through New Jersey’s Tax Foreclosure Procedure as Preferential
By Michael L. Moskowitz and Melissa A. Guseynov
In a recent precedential decision, the Court of Appeals for the Third Circuit affirmed that a transfer of real estate title through New Jersey’s tax foreclosure system may be avoided as a preferential transfer under § 547(b) of the Bankruptcy Code. In re Hackler, 18-1650 (3d Cir. Sept. 12, 2019). Read the full opinion here.
