Prepetition Setoff Not an 'Improvement in Position' Under ...

Prepetition Setoff Not an 'Improvement in Position' Under Bankruptcy Code
Lexology
In a recent decision out of the U.S. Bankruptcy Court for the Western District of Virginia, a court analyzed the effect of a setoff effectuated between two governmental units in the 90 days prior to the filing of a husband and wife's bankruptcy case ...