☩ SOTERIAN GLOSSARY ☩

Living Language Lexicon of the Soteria Covenant

Strong-Arm Power

The trustee's power to avoid any transfer that would be voidable by a hypothetical judicial lien creditor or bona fide purchaser — used to defeat unperfected security interests.

Category: Bankruptcy · Source: 11 U.S.C. §544(a)
0 terms published 0 awaiting endorsement
Propose a New Term

Submit a term for the community. Two endorsements from other members will publish it.

Per page: