DeAngelis v. Rose (In re Rose)

Payment of older creditors with proceeds of numerous high interest loans obtained during preference period was fraudulent and grounds for denial of discharge.
Procedural posture: 
Plaintiff, the acting United States trustee, brought an adversary complaint objecting to the debtor's discharge pursuant to 11 U.S.C.S. § 727(a)(2)(A). The debtor was alleged to have violated § 727(a)(2)(A) through a series of loan agreements he entered into with private individuals during the one year pre-petition period where he was insolvent.
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Consumer case opionion summary, case decided on March 12,2010, LexisNexis #0610-023