Flag payments in the books that fall inside a preference or fraudulent-transfer window
Key facts
- Human involvement
- YellowClose supervision
- How AI is used
- From the bank records and the petition date in the file, list payments by date, payee, and amount, and mark those on or within 90 days before the petition and those on or within 2 years before the petition. Do not say a payment can be avoided.
- What the lawyer must review
- 11 U.S.C. § 547(b) authorises the trustee, based on reasonable due diligence and taking into account known or reasonably knowable defenses under subsection (c), to avoid a transfer that meets each element of that subsection, including the 90-day period or the insider period in (b)(4). Section 547(f) presumes insolvency on and during the 90 days before the petition. Section 548(a)(1) reaches a transfer made or an obligation incurred on or within 2 years before the petition, on an actual-intent theory or on the reasonably-equivalent-value theory in (a)(1)(B). The lawyer decides which payments matter. Rule 1.6 and Formal Opinion 512: account data stay in a confidential tool.
- Written for / version
- United States versionUS
Who does what
| Role | What they do |
|---|---|
| Assistance | Consider narrowly defined preparation support after confirming the tool’s capability and permitted scope. |
| Lawyer | Set the scope, supervise the work closely, verify every part relied on, resolve omissions and exceptions, and approve the exact output. |
Checklist
- Trace every relied-on figure to its source, confirm dates and assumptions, and independently recalculate totals or derived amounts.
- Confirm that the actual tool, feature and processing terms permit use of this information, including access, retention, training and disclosure conditions.
- Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
- Resolve exceptions and record the responsible lawyer’s approval of the exact output and intended use.