A debtor is presumed to be insolvent on and during what number of days immediately preceding the date of the filing of a bankruptcy petition?

Question

Quizplus · Accepted Answer

A debtor is presumed to be insolvent on and during the 90 days immediately preceding the date of the filing of a bankruptcy petition. This means that during these 90 days, the debtor's liabilities exceeded their assets or they were unable to pay their debts as they became due.

A Debtor Is Presumed to Be Insolvent on and During