A great description of what types of transfers a debtor or trustee can avoid, or set aside, in bankruptcy court, by Jacksonville Bankruptcy Attorney Chip Parker:
Bankruptcy relief accomplishes three main goals: i) for the debtor, provides the necessary “breathing room” to propose a debt adjustment plan or reorganization plan; ii) for the debtor’s creditors, ensuring property of the estate (which includes wages earned post-petition) is distributed in accordance with priorities set forth under the Bankruptcy Code; and iii) preservation and maintenance of estate property.
