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Golson-Dunlap v. Page (In re Page)

Golson-Dunlap v. Page (In re Page)

Ruling
Payments by debtor to wife were not constructively fraudulent to extent made for reasonably equivalent value and used to pay creditors.
Procedural posture

Chapter 7 trustee filed a complaint against defendant, the non-debtor wife of a debtor, seeking turnover of funds in a bank account as property of the estate under 11 U.S.C.S. § 541; seeking to avoid alleged transfers from the debtor to his wife pursuant to 11 U.S.C.S. §§ 544 and 548; and seeking to recover those transfers from the debtor's wife pursuant to 11 U.S.C.S. § 550. The debtor's wife moved for summary judgment.

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Consumer opinion summary, case decided on July 20, 2012 , LexisNexis #0812-089