- 11 U.S.C.
Schott v. Ford Motor Credit Co. (In re Compton)
May
09
2006
Ruling
Trustee was entitled to avoid creditor's security interest as preferential transfer.
Procedural posture
Plaintiff chapter 7 trustee filed an adversary proceeding against defendant creditor seeking to avoid a security interest in the debtors'vehicle. The trustee alleged that the security interest was a preference under 11 U.S.C. § 547 and he was entitled to avoid the lien.
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Court
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