---
title: "Analyse bank statements for possible preference and fraudulent-transfer payments"
url: "https://ailawframework.com/practice/insolvency-restructuring-and-bankruptcy/analyse-bank-statements-for-voidable-transactions/united-states"
type: "task_jurisdiction_version"
site: "AI Law Framework"
id: "A8-B8-3-US"
practice_area: "Insolvency, Restructuring & Bankruptcy"
tier: "yellow"
lawyer_review: "required"
jurisdictions: ["US"]
last_reviewed: "2026-10-22"
---

# Analyse bank statements for possible preference and fraudulent-transfer payments

> From the statements the lawyer supplies, list each payment by date, payee, and amount, and mark those within 90 days before the petition date in the file and those within 2 years before that date.…

Canonical page: https://ailawframework.com/practice/insolvency-restructuring-and-bankruptcy/analyse-bank-statements-for-voidable-transactions/united-states  
Last reviewed: 2026-10-22

Site index for agents: https://ailawframework.com/llms.txt

## Key facts

| Fact | Value |
| --- | --- |
| Practice area | [Insolvency, Restructuring & Bankruptcy](https://ailawframework.com/practice/insolvency-restructuring-and-bankruptcy.md) |
| Human involvement | Yellow: Lawyer and AI draft together |
| How AI is used | From the statements the lawyer supplies, list each payment by date, payee, and amount, and mark those within 90 days before the petition date in the file and those within 2 years before that date. Do not plead that a payment can be avoided. |
| What the lawyer must review | 11 U.S.C. § 547(b) lets the trustee, based on reasonable due diligence and taking into account a party’s known or reasonably knowable affirmative defenses under subsection (c), avoid a transfer of an interest of the debtor in property that was to or for the benefit of a creditor, for or on account of an antecedent debt, made while the debtor was insolvent, on or within 90 days before the petition or, if the creditor was an insider, between 90 days and one year before the petition, and that enables the creditor to receive more than that creditor would receive if the case were a chapter 7 case, the transfer had not been made, and the creditor received payment to the extent the Code provides. Section 547(f) presumes insolvency during the 90 days before the petition. Section 547(c)(2) excepts an ordinary-course payment. The current text of (c)(2) does not contain a 45-day limit. Section 548(a)(1) lets the trustee avoid a transfer made or an obligation incurred on or within 2 years before the petition if the debtor acted with actual intent to hinder, delay, or defraud, or received less than a reasonably equivalent value and one of the conditions in (a)(1)(B)(ii) is met. The lawyer decides which payments to pursue. Formal Opinion 512: bank data stay in a confidential tool. |
| Written for | United States |
| Applies to | [Analyse bank statements for voidable transactions](https://ailawframework.com/practice/insolvency-restructuring-and-bankruptcy/analyse-bank-statements-for-voidable-transactions.md) |

## Checking plan

- What the AI does: From the statements the lawyer supplies, list each payment by date, payee, and amount, and mark those within 90 days before the petition date in the file and those within 2 years before that date. Do not plead that a payment can be avoided.
- Basis: Checked against the linked sources on 22 October 2026. Confirm the current instrument before reliance.

## Notes

- The 45-day ordinary-course language appears in the legislative history of § 547, not in the current text of (c)(2).
- Dollar floors in § 547(c) adjust. Do not treat a printed dollar figure as the amount in force on the petition date.
- State fraudulent-transfer statutes were not opened. Section 548 is the Bankruptcy Code claim.

## Sources

- [11 U.S.C. § 547, preferences](https://www.law.cornell.edu/uscode/text/11/547) (checked 2026-10-22)
- [11 U.S.C. § 548, fraudulent transfers and obligations](https://www.law.cornell.edu/uscode/text/11/548) (checked 2026-10-22)
- [ABA Formal Opinion 512, Generative Artificial Intelligence Tools (29 July 2024)](https://www.americanbar.org/content/dam/aba/administrative/professional_responsibility/ethics-opinions/aba-formal-opinion-512.pdf) (checked 2026-10-22)

*Practice guidance for planning and review. Confirm current primary sources and the requirements of the actual matter. This is general information, not legal advice.*