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Simple English definitions for legal terms

avoiding power

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A quick definition of avoiding power:

Avoiding power is the ability to not control someone else's actions or responses. It is a type of power that allows a person to avoid having dominance or influence over others. In bankruptcy, it refers to the power of a trustee or debtor in possession to void certain transfers or obligations made by a debtor. Power can also refer to physical strength, moral or intellectual force, or a nation's military or unit.

A more thorough explanation:

Avoiding Power

Avoiding power is the ability to cancel or void certain transfers or obligations made by a debtor in bankruptcy. This includes fraudulent conveyances, preferences transferred to creditors, unperfected security interests in personal property, and unrecorded mortgages. It is a power held by a bankruptcy trustee or debtor in possession.

  • If a debtor transfers property to a family member to avoid paying creditors, the bankruptcy trustee can use avoiding power to cancel that transfer and recover the property for the benefit of the creditors.
  • If a debtor pays off a loan to a friend before filing for bankruptcy, the trustee can use avoiding power to recover that payment and distribute it equally among all creditors.

These examples illustrate how avoiding power can be used to prevent debtors from unfairly favoring certain creditors or transferring assets to avoid paying debts. It helps ensure that all creditors are treated fairly in the bankruptcy process.

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LOL they love our tears
I mean, you got to be a bit of a sadist to be in adcoms lol
JumpySubsequentDolphin
11:09
does WUSTL send emails or call?
JumpySubsequentDolphin
11:09
or both?
11:10
I got a call first
JumpySubsequentDolphin
11:10
I interviewed like two weeks ago, not sure how quick they get back to peeps post interview
JumpySubsequentDolphin
11:10
but my interview was a disaster so not holding onto hope
Late to the party but my name is Paul Leachman in Delray Beach, FL (WashU pls respond)
11:11
Why is it taking so long for WashU to get back to me. Ppl are getting acceptances in a month or less
letsseehowitgoesnow
11:11
...
triplethread
11:11
@BookLover125: RETWEET
triplethread
11:12
is it bad i lied about getting into case western bc my parents are bugging me about my first a
@BookLover125: they are so impressed with your application they are renaming the library after you before admitting you
Do you know not everyone says they were ED?
11:12
No they shouldn’t be bugging you this is stressful enough without them adding More. Do what u gotta do
11:13
Got jokes I see
triplethread
11:13
its sooo stressful and im not even done applying
Just apply and get the A lol
triplethread
11:13
got like 3 more apps
there should be a law school draft akin to the NFL Draft where law schools can recruit us
or a MaxPreps esque high light video where Deans can rank us
1a2b3c4d26z
11:15
In this analogy is the LSAT the NFL combine
JumpySubsequentDolphin
11:16
I told my family I won’t get any decisions until 2025 so they wouldn’t bombard me hahah
no i think there should be a Law School combine with all new drills except there is still the 40 yard dash
and a sub 4.5 gets you into any t14
LSAT can be one of the drills
letsseehowitgoesnow
11:17
so washu only called one person
So all the D1 athletes will get into a T-14. What else is new?
@TheAdoptedOne: that is called "Dean Poker Night" lol
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