Bankr. No.:
96-40373
Adv. No.:
96-4027
Chapter:
7
Date of Decision:
January 9, 1997
Issue:
Whether a credit union's lien on a vehicle was voidable as a preference under ยง 547(c) where the lien was not perfected on the petition date and where more than twenty days has passed since Debtor took possession of the vehicle?
Ruling:
The Credit Union's lien was a voidable preference.
Full Bankruptcy Court Decision:
