Daneman v. Stanley (In Re Stanley)

MEMORANDUM OPINION ON COMPLAINT TO AVOID TRANSFERS AND CROSS-CLAIM FOR INDEMNIFICATION AND CONTRIBUTION

JOHN E. HOFFMAN, JR., Bankruptcy Judge.

I.Introduction

Nearly two years prior to filing her Chapter 7 petition, Dorothy I. Stanley (“Debtor”) transferred her real property to defendant Robert G. Stanley (“Robert”), one of her sons, for less than reasonably equivalent value. Almost a year later, Robert transferred the property to defendant Sherry L. Stanley (“Sherry”), his sister, in exchange for the amount he had invested in the property. Six months later, Sherry transferred the property to a…