Rainsdom v. Garcia (In re Garcia)
Jan
09
2010
Ruling
Transfer of title less than 90 days prior to petition date was preferential.
Procedural posture
Trustee filed an adversary proceeding against defendant transferees, seeking a determination that he could avoid a transfer of title which two debtors made to two transferees less than 90 days before the debtors declared chapter 7 bankruptcy. In a prior ruling, the court granted summary judgment in favor of the transferees on all claims except the trustee's claim that the transfer was a preferential transfer under 11 U.S.C.S. § 547(b).
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Court
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