In re Werner (05-54200, Adv. No. 06-05101)
At issue in this preference action was whether a credit card charge used to pay a debt constituted an interest in property of the debtor. The Court found it did because the debtor could not have initiated and directed the transfer of funds from his credit card account if he had no interest in the funds.
File:
Date:
Thursday, March 22, 2007