---
title: "Draft a preference and fraudulent-transfer chronology from the books"
url: "https://ailawframework.com/practice/insolvency-restructuring-and-bankruptcy/draft-a-voidable-transaction-investigation-chronology/united-states"
type: "task_jurisdiction_version"
site: "AI Law Framework"
id: "A8-B2-2-US"
practice_area: "Insolvency, Restructuring & Bankruptcy"
tier: "yellow"
lawyer_review: "required"
jurisdictions: ["US"]
last_reviewed: "2026-10-22"
---

# Draft a preference and fraudulent-transfer chronology from the books

> From the bank records and invoices the lawyer designates, list each transfer, its date, the payee, the amount, and whether the date falls inside 90 days or one year before the petition. Do not plead a claim.

Canonical page: https://ailawframework.com/practice/insolvency-restructuring-and-bankruptcy/draft-a-voidable-transaction-investigation-chronology/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 bank records and invoices the lawyer designates, list each transfer, its date, the payee, the amount, and whether the date falls inside 90 days or one year before the petition. Do not plead a claim. |
| What the lawyer must review | Section 547(b) lets the trustee avoid a transfer of an interest of the debtor in property that was to or for the benefit of a creditor, for 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 in a chapter 7 case if the transfer had not been made. Section 547(f) presumes insolvency during the 90 days before the petition. Section 547(c) states the defences, including contemporaneous exchange and ordinary course. Section 548(a)(1) lets the trustee avoid a transfer made or an obligation incurred on or within two years before the petition for actual intent to hinder, delay or defraud, or for less than reasonably equivalent value in the circumstances the subsection states. The lawyer tests every row against the statute. A complaint is a separate, Red, step. |
| Written for | United States |
| Applies to | [Draft a voidable-transaction investigation chronology](https://ailawframework.com/practice/insolvency-restructuring-and-bankruptcy/draft-a-voidable-transaction-investigation-chronology.md) |

## Checking plan

- What the AI does: From the bank records and invoices the lawyer designates, list each transfer, its date, the payee, the amount, and whether the date falls inside 90 days or one year before the petition. Do not plead a claim.
- Basis: Checked against the linked sources on 22 October 2026. Confirm the current instrument before reliance.

## Notes

- The ordinary-course defence in § 547(c)(2) has no 45-day limit in the current text. Do not revive that limit from the legislative notes.
- The small-transfer floors in § 547(c)(8) and (c)(9) are adjusted. Read the current compilation before using a dollar figure.

## 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)

## Forms and precedents for this task

| Form or precedent | Kind | AI level | Summary |
| --- | --- | --- | --- |
| [Unfair preference issues table](https://ailawframework.com/precedents/insolvency-restructuring-and-bankruptcy/unfair-preference-issues-table.md) | Checklist | Yellow | Issues table for a payment said to be an unfair preference, using sections 588FA, 588FC, 588FE(2) and 588FG. It does not demand repayment. |

Signed-in accounts can read the full text of each one.

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