McHenry Savings Bank v. Paulsen

UNITED STATES BANKRUPTCY COURT NORTHERN DISTRICT OF ILLINOIS WESTERN DIVISION In re James D. Paulsen, ) Bankruptcy Case 19-82505 Debtor. ) ) Chapter 7 ) McHenry Savings Bank, ) ) Plaintiff, ) v. ) Adversary No. 20-96006 ) James D. Paulsen, ) ) Judge Thomas M. Lynch Defendant. ) ) ) MEMORANDUM OPINION McHenry Savings Bank seeks through its adversary complaint to deny the Debtor a discharge pursuant to section 727(a)(2)(A) of the Bankruptcy Code. The Bank’s action involves the transfer of the Debtor and his spouse’s interests in their residence into a trust with the beneficial interests held by…