DAngelo v. J.P. Morgan Chase Bank (In re DAngelo)

Ruling: 
Assignment of interest from one creditor to another was not a preferential transfer.
Issue: 
Was assignment of the interest of the debtor's prior mortgage holder, an interest in which the debtors retained no rights, to another creditor in exchange for satisfaction of the prior mortgage holder's lien a preferential transfer?
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Consumer case opionion summary, case decided on February 21,2014, LexisNexis #0314-091