---
title: "Organise the documents for an urgent solvency review"
url: "https://ailawframework.com/practice/insolvency-restructuring-and-bankruptcy/organise-the-evidence-for-an-urgent-solvency-review/united-states"
type: "task_jurisdiction_version"
site: "AI Law Framework"
id: "A8-P20260916-2-US"
practice_area: "Insolvency, Restructuring & Bankruptcy"
tier: "red"
lawyer_review: "required"
jurisdictions: ["US"]
last_reviewed: "2026-10-22"
---

# Organise the documents for an urgent solvency review

> Index the bank statements, aged payables, and board minutes in the file by date, and list which of those dates fall in the 90 days before the petition date stated in the file. Do not write an opinion or a court paper.

Canonical page: https://ailawframework.com/practice/insolvency-restructuring-and-bankruptcy/organise-the-evidence-for-an-urgent-solvency-review/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 | Red: Lawyer writes; AI may check, clarify or collect data |
| How AI is used | Index the bank statements, aged payables, and board minutes in the file by date, and list which of those dates fall in the 90 days before the petition date stated in the file. Do not write an opinion or a court paper. |
| What the lawyer must review | The lawyer conducts the review. 11 U.S.C. § 547(f) is a presumption of insolvency for the 90 days before the petition, for preference purposes. Section 548(a)(1) is the two-year fraudulent-transfer reach. If the question is an involuntary petition, § 303(h) asks whether the debtor is generally not paying debts as they become due, absent a bona fide dispute, or whether a custodian of the kind described in § 303(h)(2) was appointed or took possession within 120 days before the petition. Bankruptcy Rule 9011(b) applies if any of this is put in a court paper. The tool writes none of that paper. Formal Opinion 512 keeps the records in a confidential tool. |
| Written for | United States |
| Applies to | [Organise the evidence for an urgent solvency review](https://ailawframework.com/practice/insolvency-restructuring-and-bankruptcy/organise-the-evidence-for-an-urgent-solvency-review.md) |

## Checking plan

- What the AI does: Index the bank statements, aged payables, and board minutes in the file by date, and list which of those dates fall in the 90 days before the petition date stated in the file. Do not write an opinion or a court paper.
- Basis: Checked against the linked sources on 22 October 2026. Confirm the current instrument before reliance.

## Notes

- Urgent does not change who signs. The lawyer makes the inquiry under Rule 9011 before anything is filed.
- The 120-day custodian test is § 303(h)(2). It is not the preference period.

## Sources

- [11 U.S.C. § 547, preferences](https://www.law.cornell.edu/uscode/text/11/547) (checked 2026-10-22)
- [11 U.S.C. § 303, involuntary cases](https://www.law.cornell.edu/uscode/text/11/303) (checked 2026-10-22)
- [Federal Rule of Bankruptcy Procedure 9011](https://www.law.cornell.edu/rules/frbp/rule_9011) (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.*