Belfance v. Bancohio/National Bank (In Re Gastaldo)

FINDING AS TO PREFERENCE

H. F. WHITE, Bankruptcy Judge.

Three separate complaints to recover property as a preferential transfer were filed by the trustee in bankruptcy for each estate. The facts and issue of law are the same in each case.

The defendant, BancOhio, filed an answer in the Spry case admitting receipts of $432.84, but denied that it received a greater percentage of its debt than it would have received under the distribution provisions of the Bankruptcy Code had it not received such a transfer.

In the Larry C. Jones and Linda Carol Jones case the Trustee seeks to recover $356.86 from…